For saleTownhouse
$299,900
16825 90th Ct N
Maple Grove MN 55311
3 beds, 3 baths, 1,694 sqft
16825 90th Ct N is a 3 beds, 3 baths, 1,694 sqft townhouse home for sale at $299,900 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,450/mo and returns $145/mo a month at a 7.2% 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
- $145/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.9%
- Max offer
- $268,000
Offer ≤ $268,000 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading