For saleTownhouse
$309,000
14020 79th Ave N
Maple Grove MN 55311
3 beds, 2 baths, 1,745 sqft
14020 79th Ave N is a 3 beds, 2 baths, 1,745 sqft townhouse home for sale at $309,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,400/mo and returns $48/mo a month at a 6.9% 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
- $48/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 0.9%
- Max offer
- $263,500
Offer ≤ $263,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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