For saleTownhouse
$264,000
6290 Meadowlark Ln N
Maple Grove MN 55369
3 beds, 2 baths, 1,360 sqft
6290 Meadowlark Ln N is a 3 beds, 2 baths, 1,360 sqft townhouse home for sale at $264,000 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,350/mo and returns $181/mo a month at a 7.5% 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
- $2,350/mo
- Monthly cash flow
- $181/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.1%
- Max offer
- $242,500
Offer ≤ $242,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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