For saleTownhouse
$284,900
9285 Holly Ln N
Maple Grove MN 55311
3 beds, 3 baths, 1,509 sqft
9285 Holly Ln N is a 3 beds, 3 baths, 1,509 sqft townhouse home for sale at $284,900 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,475/mo and returns $282/mo a month at a 7.9% 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
- $2,475/mo
- Monthly cash flow
- $282/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 5.9%
- Max offer
- $272,500
Offer ≤ $272,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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