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 $2,450/mo and returns $232/mo a month at a 7.7% 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
- $232/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.0%
- Max offer
- $260,500
Offer ≤ $260,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading