For saleTownhouse

$230,000

15827 Fleet Trl

Apple Valley MN 55124

2 beds, 1.5 baths, 1,260 sqft

15827 Fleet Trl is a 2 beds, 1.5 baths, 1,260 sqft townhouse home for sale at $230,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,000/mo and returns $156/mo a month at a 7.3% 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
$2,000/mo
Monthly cash flow
$156/mo
Cap rate
7.3%
Cash-on-cash
4.1%
Max offer
$211,000

Offer ≤ $211,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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