For saleTownhouse
$289,900
11037 104th Pl N
Maple Grove MN 55369
3 beds, 2 baths, 1,383 sqft
11037 104th Pl N is a 3 beds, 2 baths, 1,383 sqft townhouse home for sale at $289,900 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,400/mo and returns $136/mo a month at a 7.2% 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
- $136/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.8%
- Max offer
- $258,500
Offer ≤ $258,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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