For saleSingle family

$40,000

108 113th Ln NE Unit 228

Blaine MN 55434

3 beds, 2 baths, 1,568 sqft

108 113th Ln NE Unit 228 is a 3 beds, 2 baths, 1,568 sqft single family home for sale at $40,000 in Blaine MN 55434. At 20% down it rents for an estimated $1,975/mo and returns $1,694/mo a month at a 57.4% 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
$1,694/mo
Cap rate
57.4%
Cash-on-cash
254.2%
Max offer
$40,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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