For saleTownhouse
$235,000
11971 71st Ave N
Maple Grove MN 55369
3 beds, 2 baths, 1,343 sqft
11971 71st Ave N is a 3 beds, 2 baths, 1,343 sqft townhouse home for sale at $235,000 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,350/mo and returns $551/mo a month at a 9.5% 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
- $2,350/mo
- Monthly cash flow
- $551/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 14.1%
- Max offer
- $235,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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