For saleSingle family
$259,900
6279 Monticello Ln N
Maple Grove MN 55369
3 beds, 2 baths, 1,700 sqft
6279 Monticello Ln N is a 3 beds, 2 baths, 1,700 sqft single family home for sale at $259,900 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,350/mo and returns $495/mo a month at a 9.0% 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
- $2,350/mo
- Monthly cash flow
- $495/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.4%
- Max offer
- $259,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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