For saleTownhouse
$220,000
15610 Garnet Way
Apple Valley MN 55124
2 beds, 1.5 baths, 1,254 sqft
15610 Garnet Way is a 2 beds, 1.5 baths, 1,254 sqft townhouse home for sale at $220,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,000/mo and returns $223/mo a month at a 7.7% 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
- $2,000/mo
- Monthly cash flow
- $223/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 6.1%
- Max offer
- $211,000
Offer ≤ $211,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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