For saleSingle family
$419,000
15304 W Fish Lake Rd
Maple Grove MN 55311
3 beds, 2 baths, 2,156 sqft
15304 W Fish Lake Rd is a 3 beds, 2 baths, 2,156 sqft single family home for sale at $419,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,400/mo and returns -$591/mo a month at a 5.0% 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
- $2,400/mo
- Monthly cash flow
- -$591/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.5%
- Max offer
- $284,000
Offer ≤ $284,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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