For saleSingle family

$379,900

1083 Whitney Dr

Apple Valley MN 55124

4 beds, 2 baths, 1,622 sqft

1083 Whitney Dr is a 4 beds, 2 baths, 1,622 sqft single family home for sale at $379,900 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,850/mo and returns $186/mo a month at a 7.1% 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
$2,850/mo
Monthly cash flow
$186/mo
Cap rate
7.1%
Cash-on-cash
2.9%
Max offer
$341,500

Offer ≤ $341,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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