For saleTownhouse

$199,900

9462 Kingsview Ln N

Maple Grove MN 55369

2 beds, 1 bath, 1,412 sqft

9462 Kingsview Ln N is a 2 beds, 1 bath, 1,412 sqft townhouse home for sale at $199,900 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,100/mo and returns $381/mo a month at a 9.0% 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
$2,100/mo
Monthly cash flow
$381/mo
Cap rate
9.0%
Cash-on-cash
11.4%
Max offer
$199,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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