For saleTownhouse
$207,900
15515 Foghorn Ln
Apple Valley MN 55124
2 beds, 2 baths, 926 sqft
15515 Foghorn Ln is a 2 beds, 2 baths, 926 sqft townhouse home for sale at $207,900 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,850/mo and returns $119/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
- $119/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.4%
- Max offer
- $188,000
Offer ≤ $188,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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