For saleSingle family

$415,000

1024 Bellaire Blvd NW

Isanti MN 55040

4 beds, 2.5 baths, 1,818 sqft

1024 Bellaire Blvd NW is a 4 beds, 2.5 baths, 1,818 sqft single family home for sale at $415,000 in Isanti MN 55040. At 20% down it rents for an estimated $2,475/mo and returns -$488/mo a month at a 5.3% 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
$2,475/mo
Monthly cash flow
-$488/mo
Cap rate
5.3%
Cash-on-cash
-7.0%
Max offer
$292,500

Offer ≤ $292,500 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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