For saleTownhouse

$274,900

11607 88th Ave N

Maple Grove MN 55369

3 beds, 2 baths, 1,657 sqft

11607 88th Ave N is a 3 beds, 2 baths, 1,657 sqft townhouse home for sale at $274,900 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,625/mo and returns $529/mo a month at a 8.8% 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
$2,625/mo
Monthly cash flow
$529/mo
Cap rate
8.8%
Cash-on-cash
11.5%
Max offer
$274,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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