For saleTownhouse
$199,800
15516 Float Ln Unit 137
Apple Valley MN 55124
2 beds, 1.5 baths, 976 sqft
15516 Float Ln Unit 137 is a 2 beds, 1.5 baths, 976 sqft townhouse home for sale at $199,800 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,000/mo and returns $355/mo a month at a 8.6% 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
- $2,000/mo
- Monthly cash flow
- $355/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 10.7%
- Max offer
- $199,800
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.