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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