For saleTownhouse

$330,000

8401 Jonquil Ln N

Maple Grove MN 55369

3 beds, 2.5 baths, 1,450 sqft

8401 Jonquil Ln N is a 3 beds, 2.5 baths, 1,450 sqft townhouse home for sale at $330,000 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,625/mo and returns $142/mo a month at a 7.0% 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
$2,625/mo
Monthly cash flow
$142/mo
Cap rate
7.0%
Cash-on-cash
2.6%
Max offer
$292,000

Offer ≤ $292,000 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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