For saleSingle family
$145,900
62 115th Ln NE Unit 465
Blaine MN 55434
3 beds, 2 baths
62 115th Ln NE Unit 465 is a 3 beds, 2 baths single family home for sale at $145,900 in Blaine MN 55434. At 20% down it rents for an estimated $2,325/mo and returns $1,283/mo a month at a 17.2% 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
- $2,325/mo
- Monthly cash flow
- $1,283/mo
- Cap rate
- 17.2%
- Cash-on-cash
- 52.8%
- Max offer
- $145,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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