For saleTownhouse

$269,000

15865 Griffon Path

Apple Valley MN 55124

3 beds, 2 baths, 1,362 sqft

15865 Griffon Path is a 3 beds, 2 baths, 1,362 sqft townhouse home for sale at $269,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,225/mo and returns $82/mo a month at a 6.9% 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
$2,225/mo
Monthly cash flow
$82/mo
Cap rate
6.9%
Cash-on-cash
1.8%
Max offer
$233,500

Offer ≤ $233,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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