For saleTownhouse
$237,900
9390 Ranchview Ln N
Maple Grove MN 55369
2 beds, 1.5 baths, 1,144 sqft
9390 Ranchview Ln N is a 2 beds, 1.5 baths, 1,144 sqft townhouse home for sale at $237,900 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,100/mo and returns $146/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
- $2,100/mo
- Monthly cash flow
- $146/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.7%
- Max offer
- $216,500
Offer ≤ $216,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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