For saleTownhouse
$219,900
6623 Ives Ln N
Maple Grove MN 55369
2 beds, 2 baths, 1,322 sqft
6623 Ives Ln N is a 2 beds, 2 baths, 1,322 sqft townhouse home for sale at $219,900 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,100/mo and returns $313/mo a month at a 8.4% 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
- $2,100/mo
- Monthly cash flow
- $313/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.5%
- Max offer
- $219,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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