For saleSingle family
$329,900
6907 Berkshire Ln N
Maple Grove MN 55311
5 beds, 2 baths, 2,049 sqft
6907 Berkshire Ln N is a 5 beds, 2 baths, 2,049 sqft single family home for sale at $329,900 in Maple Grove MN 55311. At 20% down it rents for an estimated $3,100/mo and returns $745/mo a month at a 9.4% 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
- $3,100/mo
- Monthly cash flow
- $745/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 13.5%
- Max offer
- $329,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading