For saleTownhouse
$279,900
15822 Griffon Path
Apple Valley MN 55124
3 beds, 1.5 baths, 1,423 sqft
15822 Griffon Path is a 3 beds, 1.5 baths, 1,423 sqft townhouse home for sale at $279,900 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,400/mo and returns $147/mo a month at a 7.3% 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
- $147/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.2%
- Max offer
- $251,500
Offer ≤ $251,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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