For saleTownhouse
$257,900
18034 69th Pl N
Maple Grove MN 55311
2 beds, 2 baths, 1,478 sqft
18034 69th Pl N is a 2 beds, 2 baths, 1,478 sqft townhouse home for sale at $257,900 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,150/mo and returns $57/mo a month at a 6.9% 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
- $2,150/mo
- Monthly cash flow
- $57/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.3%
- Max offer
- $222,000
Offer ≤ $222,000 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading