For saleTownhouse
$324,900
9653 Olive Ln N
Maple Grove MN 55311
3 beds, 2.5 baths, 2,046 sqft
9653 Olive Ln N is a 3 beds, 2.5 baths, 2,046 sqft townhouse home for sale at $324,900 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,975/mo and returns $542/mo a month at a 8.7% 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
- $2,975/mo
- Monthly cash flow
- $542/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 10.0%
- Max offer
- $324,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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