For saleTownhouse
$230,000
15749 Fjord Ave
Apple Valley MN 55124
3 beds, 1.5 baths, 1,260 sqft
15749 Fjord Ave is a 3 beds, 1.5 baths, 1,260 sqft townhouse home for sale at $230,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,150/mo and returns $230/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
- $2,150/mo
- Monthly cash flow
- $230/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.0%
- Max offer
- $220,000
Offer ≤ $220,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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