For saleTownhouse
$194,900
15551 Garnet Way
Apple Valley MN 55124
2 beds, 2 baths, 1,234 sqft
15551 Garnet Way is a 2 beds, 2 baths, 1,234 sqft townhouse home for sale at $194,900 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,850/mo and returns $198/mo a month at a 7.9% 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
- $1,850/mo
- Monthly cash flow
- $198/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.1%
- Max offer
- $187,000
Offer ≤ $187,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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