For saleTownhouse
$227,500
11913 70th Pl N
Maple Grove MN 55369
2 beds, 1 bath, 1,282 sqft
11913 70th Pl N is a 2 beds, 1 bath, 1,282 sqft townhouse home for sale at $227,500 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,100/mo and returns $280/mo a month at a 8.1% 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
- $280/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.4%
- Max offer
- $224,500
Offer ≤ $224,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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