For saleSingle family
$470,000
9643 Polaris Ln N
Maple Grove MN 55369
4 beds, 2.5 baths, 2,470 sqft
9643 Polaris Ln N is a 4 beds, 2.5 baths, 2,470 sqft single family home for sale at $470,000 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,575/mo and returns -$780/mo a month at a 4.7% 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
- $2,575/mo
- Monthly cash flow
- -$780/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -10.0%
- Max offer
- $305,000
Offer ≤ $305,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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