For saleTownhouse
$294,000
12598 74th Ave N
Maple Grove MN 55369
4 beds, 1.5 baths, 1,805 sqft
12598 74th Ave N is a 4 beds, 1.5 baths, 1,805 sqft townhouse home for sale at $294,000 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,625/mo and returns $361/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
- $2,625/mo
- Monthly cash flow
- $361/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.4%
- Max offer
- $290,000
Offer ≤ $290,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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