For saleTownhouse
$210,000
15539 Float Ln Unit 94
Apple Valley MN 55124
2 beds, 2 baths, 940 sqft
15539 Float Ln Unit 94 is a 2 beds, 2 baths, 940 sqft townhouse home for sale at $210,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,850/mo and returns $245/mo a month at a 8.1% 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
- $1,850/mo
- Monthly cash flow
- $245/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.0%
- Max offer
- $205,500
Offer ≤ $205,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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