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 $2,350/mo and returns $467/mo a month at a 9.1% 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
- $2,350/mo
- Monthly cash flow
- $467/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 11.9%
- Max offer
- $235,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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