For saleTownhouse

$275,000

15834 Griffon Path

Apple Valley MN 55124

3 beds, 1.5 baths, 1,566 sqft

15834 Griffon Path is a 3 beds, 1.5 baths, 1,566 sqft townhouse home for sale at $275,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,225/mo and returns $39/mo a month at a 6.7% 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
$2,225/mo
Monthly cash flow
$39/mo
Cap rate
6.7%
Cash-on-cash
0.9%
Max offer
$233,500

Offer ≤ $233,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.