For saleSingle family
$309,000
9981 106th Pl N
Maple Grove MN 55369
3 beds, 2 baths, 1,398 sqft
9981 106th Pl N is a 3 beds, 2 baths, 1,398 sqft single family home for sale at $309,000 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,400/mo and returns $194/mo a month at a 7.4% 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
- $2,400/mo
- Monthly cash flow
- $194/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.8%
- Max offer
- $283,000
Offer ≤ $283,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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