For saleTownhouse
$275,000
348 W Eagle Lake Dr
Maple Grove MN 55369
3 beds, 2 baths, 1,512 sqft
348 W Eagle Lake Dr is a 3 beds, 2 baths, 1,512 sqft townhouse home for sale at $275,000 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,350/mo and returns $204/mo a month at a 7.6% 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
- $2,350/mo
- Monthly cash flow
- $204/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.4%
- Max offer
- $254,500
Offer ≤ $254,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading