For saleTownhouse

$489,900

11366 Lincoln Ct NE

Blaine MN 55434

3 beds, 2 baths, 1,815 sqft

11366 Lincoln Ct NE is a 3 beds, 2 baths, 1,815 sqft townhouse home for sale at $489,900 in Blaine MN 55434. At 20% down it rents for an estimated $2,400/mo and returns -$1,311/mo a month at a 3.5% 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
$2,400/mo
Monthly cash flow
-$1,311/mo
Cap rate
3.5%
Cash-on-cash
-16.1%
Max offer
$246,000

Offer ≤ $246,000 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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