For saleSingle family
$575,000
8843 Blackoaks Ln N
Maple Grove MN 55311
5 beds, 4 baths, 2,655 sqft
8843 Blackoaks Ln N is a 5 beds, 4 baths, 2,655 sqft single family home for sale at $575,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,975/mo and returns -$1,130/mo a month at a 4.3% 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
- $2,975/mo
- Monthly cash flow
- -$1,130/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -11.8%
- Max offer
- $352,500
Offer ≤ $352,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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