For saleTownhouse
$270,000
15894 Gooseberry Way
Apple Valley MN 55124
3 beds, 2 baths, 1,687 sqft
15894 Gooseberry Way is a 3 beds, 2 baths, 1,687 sqft townhouse home for sale at $270,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,400/mo and returns $214/mo a month at a 7.6% 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
- $214/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.8%
- Max offer
- $251,500
Offer ≤ $251,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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