For saleCondo
$200,000
7489 Vinewood Ln N
Maple Grove MN 55311
2 beds, 1 bath, 832 sqft
7489 Vinewood Ln N is a 2 beds, 1 bath, 832 sqft condo home for sale at $200,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,100/mo and returns $464/mo a month at a 9.4% 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
- $2,100/mo
- Monthly cash flow
- $464/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 13.9%
- Max offer
- $200,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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