For saleTownhouse
$239,000
14312 Glenda Dr
Apple Valley MN 55124
2 beds, 1 bath, 1,122 sqft
14312 Glenda Dr is a 2 beds, 1 bath, 1,122 sqft townhouse home for sale at $239,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,850/mo and returns -$131/mo a month at a 6.0% 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
- $1,850/mo
- Monthly cash flow
- -$131/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.3%
- Max offer
- $183,000
Offer ≤ $183,000 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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