For saleSingle family
$385,000
11724 67th Pl N
Maple Grove MN 55369
4 beds, 2 baths, 2,011 sqft
11724 67th Pl N is a 4 beds, 2 baths, 2,011 sqft single family home for sale at $385,000 in Maple Grove MN 55369. At 20% down it rents for an estimated $3,000/mo and returns $300/mo a month at a 7.5% 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
- $3,000/mo
- Monthly cash flow
- $300/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.7%
- Max offer
- $359,000
Offer ≤ $359,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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