For saleTownhouse
$230,000
17529 69th Pl N
Maple Grove MN 55311
2 beds, 2 baths, 1,574 sqft
17529 69th Pl N is a 2 beds, 2 baths, 1,574 sqft townhouse home for sale at $230,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,150/mo and returns $252/mo a month at a 8.0% 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
- $2,150/mo
- Monthly cash flow
- $252/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.6%
- Max offer
- $223,000
Offer ≤ $223,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading