For saleTownhouse
$310,000
7566 E Fish Lake Rd
Maple Grove MN 55311
3 beds, 2 baths, 1,544 sqft
7566 E Fish Lake Rd is a 3 beds, 2 baths, 1,544 sqft townhouse home for sale at $310,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,400/mo and returns $50/mo a month at a 6.7% 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
- $2,400/mo
- Monthly cash flow
- $50/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 1.0%
- Max offer
- $264,000
Offer ≤ $264,000 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.