For saleSingle family
$379,900
9200 124th Pl N
Champlin MN 55316
4 beds, 2 baths, 1,741 sqft
9200 124th Pl N is a 4 beds, 2 baths, 1,741 sqft single family home for sale at $379,900 in Champlin MN 55316. At 20% down it rents for an estimated $2,800/mo and returns $88/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
- $2,800/mo
- Monthly cash flow
- $88/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.4%
- Max offer
- $330,500
Offer ≤ $330,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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