For saleTownhouse

$235,000

365 W Eagle Lake Dr

Maple Grove MN 55369

2 beds, 1 bath, 1,080 sqft

365 W Eagle Lake Dr is a 2 beds, 1 bath, 1,080 sqft townhouse home for sale at $235,000 in Maple Grove MN 55369. At 20% down it rents for an estimated $1,900/mo and returns $47/mo a month at a 6.8% 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
$1,900/mo
Monthly cash flow
$47/mo
Cap rate
6.8%
Cash-on-cash
1.2%
Max offer
$201,000

Offer ≤ $201,000 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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