For saleTownhouse
$319,900
15737 Foliage Ave
Apple Valley MN 55124
4 beds, 3.5 baths, 2,018 sqft
15737 Foliage Ave is a 4 beds, 3.5 baths, 2,018 sqft townhouse home for sale at $319,900 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,700/mo and returns $221/mo a month at a 7.5% 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
- $221/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.1%
- Max offer
- $294,000
Offer ≤ $294,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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