For saleCondo
$199,900
6210 Magda Dr Unit A
Maple Grove MN 55369
2 beds, 1 bath, 1,160 sqft
6210 Magda Dr Unit A is a 2 beds, 1 bath, 1,160 sqft condo home for sale at $199,900 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,100/mo and returns $432/mo a month at a 9.3% 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
- $2,100/mo
- Monthly cash flow
- $432/mo
- Cap rate
- 9.3%
- Cash-on-cash
- 13.0%
- Max offer
- $199,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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