For saleTownhouse
$290,000
17980 69th Pl N
Maple Grove MN 55311
3 beds, 1.5 baths, 1,591 sqft
17980 69th Pl N is a 3 beds, 1.5 baths, 1,591 sqft townhouse home for sale at $290,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,450/mo and returns $155/mo a month at a 7.3% 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
- $2,450/mo
- Monthly cash flow
- $155/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.2%
- Max offer
- $261,000
Offer ≤ $261,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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