For saleTownhouse

$390,000

15466 Eames Way

Apple Valley MN 55124

3 beds, 3 baths, 2,039 sqft

15466 Eames Way is a 3 beds, 3 baths, 2,039 sqft townhouse home for sale at $390,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,800/mo and returns -$250/mo a month at a 5.9% 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
$2,800/mo
Monthly cash flow
-$250/mo
Cap rate
5.9%
Cash-on-cash
-3.9%
Max offer
$294,500

Offer ≤ $294,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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