For saleTownhouse

$229,900

7525 Whitney Dr

Apple Valley MN 55124

3 beds, 2 baths, 1,224 sqft

7525 Whitney Dr is a 3 beds, 2 baths, 1,224 sqft townhouse home for sale at $229,900 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,150/mo and returns $264/mo a month at a 8.0% 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
$264/mo
Cap rate
8.0%
Cash-on-cash
6.9%
Max offer
$224,500

Offer ≤ $224,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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