For saleTownhouse
$229,900
15718 Lower Fjord Way
Apple Valley MN 55124
2 beds, 2 baths, 1,274 sqft
15718 Lower Fjord Way is a 2 beds, 2 baths, 1,274 sqft townhouse home for sale at $229,900 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,850/mo and returns -$107/mo a month at a 6.1% 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
- $1,850/mo
- Monthly cash flow
- -$107/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -2.8%
- Max offer
- $178,500
Offer ≤ $178,500 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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