For saleTownhouse
$299,999
7509 Whitney Dr
Apple Valley MN 55124
4 beds, 2 baths, 1,704 sqft
7509 Whitney Dr is a 4 beds, 2 baths, 1,704 sqft townhouse home for sale at $299,999 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,700/mo and returns $346/mo a month at a 8.1% 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
- $2,700/mo
- Monthly cash flow
- $346/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 6.9%
- Max offer
- $293,000
Offer ≤ $293,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading