For saleTownhouse

$278,000

17967 69th Pl N

Maple Grove MN 55311

3 beds, 1.5 baths, 1,540 sqft

17967 69th Pl N is a 3 beds, 1.5 baths, 1,540 sqft townhouse home for sale at $278,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,300/mo and returns $117/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
$2,300/mo
Monthly cash flow
$117/mo
Cap rate
7.0%
Cash-on-cash
2.5%
Max offer
$245,500

Offer ≤ $245,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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