For saleTownhouse

$270,000

17732 68th Pl N

Maple Grove MN 55311

2 beds, 1.5 baths, 1,563 sqft

17732 68th Pl N is a 2 beds, 1.5 baths, 1,563 sqft townhouse home for sale at $270,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,225/mo and returns $85/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
$2,225/mo
Monthly cash flow
$85/mo
Cap rate
6.9%
Cash-on-cash
1.9%
Max offer
$235,000

Offer ≤ $235,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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