For saleSingle family

$395,990

10461 Harbor Lane N

Maple Grove MN 55369

3 beds, 1,777 sqft

10461 Harbor Lane N is a 3 beds, 1,777 sqft single family home for sale at $395,990 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,500/mo and returns -$327/mo a month at a 5.7% 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
$2,500/mo
Monthly cash flow
-$327/mo
Cap rate
5.7%
Cash-on-cash
-5.0%
Max offer
$295,500

Offer ≤ $295,500 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading