For saleTownhouse
$229,900
9449 Jewel Ln N
Maple Grove MN 55311
2 beds, 1.5 baths, 1,328 sqft
9449 Jewel Ln N is a 2 beds, 1.5 baths, 1,328 sqft townhouse home for sale at $229,900 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,100/mo and returns $274/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
- $2,100/mo
- Monthly cash flow
- $274/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.2%
- Max offer
- $225,500
Offer ≤ $225,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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