For saleSingle family

$390,000

9775 103rd Ave N

Maple Grove MN 55369

4 beds, 2 baths, 1,610 sqft

9775 103rd Ave N is a 4 beds, 2 baths, 1,610 sqft single family home for sale at $390,000 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,900/mo and returns $165/mo a month at a 7.0% 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
$2,900/mo
Monthly cash flow
$165/mo
Cap rate
7.0%
Cash-on-cash
2.5%
Max offer
$347,500

Offer ≤ $347,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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