For saleTownhouse

$235,000

306 W Eagle Lake Dr

Maple Grove MN 55369

3 beds, 1 bath, 1,211 sqft

306 W Eagle Lake Dr is a 3 beds, 1 bath, 1,211 sqft townhouse home for sale at $235,000 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,500/mo and returns $647/mo a month at a 9.8% 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
$2,500/mo
Monthly cash flow
$647/mo
Cap rate
9.8%
Cash-on-cash
16.5%
Max offer
$235,000

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

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