For saleTownhouse

$205,000

15548 Flyboat Ln

Apple Valley MN 55124

2 beds, 1.5 baths, 926 sqft

15548 Flyboat Ln is a 2 beds, 1.5 baths, 926 sqft townhouse home for sale at $205,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,000/mo and returns $366/mo a month at a 8.7% 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
$2,000/mo
Monthly cash flow
$366/mo
Cap rate
8.7%
Cash-on-cash
10.7%
Max offer
$205,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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