For saleSingle family
$335,000
6006 Lower 131st Street Ct
Apple Valley MN 55124
5 beds, 2 baths, 1,691 sqft
6006 Lower 131st Street Ct is a 5 beds, 2 baths, 1,691 sqft single family home for sale at $335,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,700/mo and returns $309/mo a month at a 7.8% 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
- $309/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.5%
- Max offer
- $318,500
Offer ≤ $318,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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