For saleSingle family
$83,900
50 115th Ln NE Unit 462
Blaine MN 55434
3 beds, 2 baths, 1,056 sqft
50 115th Ln NE Unit 462 is a 3 beds, 2 baths, 1,056 sqft single family home for sale at $83,900 in Blaine MN 55434. At 20% down it rents for an estimated $1,975/mo and returns $1,387/mo a month at a 26.3% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $1,975/mo
- Monthly cash flow
- $1,387/mo
- Cap rate
- 26.3%
- Cash-on-cash
- 99.2%
- Max offer
- $83,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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