For saleTownhouse

$264,900

17969 96th Ave N

Maple Grove MN 55311

3 beds, 1.5 baths, 1,509 sqft

17969 96th Ave N is a 3 beds, 1.5 baths, 1,509 sqft townhouse home for sale at $264,900 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,500/mo and returns $398/mo a month at a 8.3% 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
$2,500/mo
Monthly cash flow
$398/mo
Cap rate
8.3%
Cash-on-cash
9.0%
Max offer
$264,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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