For saleTownhouse
$215,000
15549 Flight Way Unit 144
Apple Valley MN 55124
2 beds, 1.5 baths, 976 sqft
15549 Flight Way Unit 144 is a 2 beds, 1.5 baths, 976 sqft townhouse home for sale at $215,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,850/mo and returns $124/mo a month at a 7.4% 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
- $1,850/mo
- Monthly cash flow
- $124/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.5%
- Max offer
- $194,500
Offer ≤ $194,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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