For saleTownhouse
$374,900
9669 Olive Ln N
Maple Grove MN 55311
3 beds, 2.5 baths, 2,040 sqft
9669 Olive Ln N is a 3 beds, 2.5 baths, 2,040 sqft townhouse home for sale at $374,900 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,975/mo and returns $208/mo a month at a 7.3% 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
- $208/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.3%
- Max offer
- $338,500
Offer ≤ $338,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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