For saleSingle family

$345,000

13653 69th Ave N

Maple Grove MN 55311

4 beds, 2 baths, 1,402 sqft

13653 69th Ave N is a 4 beds, 2 baths, 1,402 sqft single family home for sale at $345,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,750/mo and returns $287/mo a month at a 7.7% 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
$2,750/mo
Monthly cash flow
$287/mo
Cap rate
7.7%
Cash-on-cash
5.0%
Max offer
$324,500

Offer ≤ $324,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading