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 $2,950/mo and returns $511/mo a month at a 8.4% 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
$2,950/mo
Monthly cash flow
$511/mo
Cap rate
8.4%
Cash-on-cash
9.6%
Max offer
$319,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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