For saleSingle family

$484,900

8906 138th Street Ct

Apple Valley MN 55124

4 beds, 2.5 baths, 3,366 sqft

8906 138th Street Ct is a 4 beds, 2.5 baths, 3,366 sqft single family home for sale at $484,900 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,800/mo and returns -$1,662/mo a month at a 2.6% 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
$1,800/mo
Monthly cash flow
-$1,662/mo
Cap rate
2.6%
Cash-on-cash
-20.6%
Max offer
$214,000

Offer ≤ $214,000 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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