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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