For saleTownhouse
$329,900
6715 Flycatcher Ln Unit 1120
Apple Valley MN 55124
2 beds, 3 baths, 1,905 sqft
6715 Flycatcher Ln Unit 1120 is a 2 beds, 3 baths, 1,905 sqft townhouse home for sale at $329,900 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,900/mo and returns -$833/mo a month at a 3.6% 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
- $1,900/mo
- Monthly cash flow
- -$833/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.1%
- Max offer
- $172,000
Offer ≤ $172,000 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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