For saleTownhouse
$375,000
18832 96th Ave N
Maple Grove MN 55311
3 beds, 3 baths, 1,795 sqft
18832 96th Ave N is a 3 beds, 3 baths, 1,795 sqft townhouse home for sale at $375,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,450/mo and returns -$227/mo a month at a 5.9% 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
- $2,450/mo
- Monthly cash flow
- -$227/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.6%
- Max offer
- $284,500
Offer ≤ $284,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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