For saleTownhouse
$245,000
14366 Glenda Dr
Apple Valley MN 55124
2 beds, 1 bath, 1,142 sqft
14366 Glenda Dr is a 2 beds, 1 bath, 1,142 sqft townhouse home for sale at $245,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,850/mo and returns -$171/mo a month at a 5.8% 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
- -$171/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.2%
- Max offer
- $183,000
Offer ≤ $183,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading