For saleTownhouse
$215,000
8983 Sawgrass Gln N
Maple Grove MN 55311
2 beds, 1 bath, 1,267 sqft
8983 Sawgrass Gln N is a 2 beds, 1 bath, 1,267 sqft townhouse home for sale at $215,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,150/mo and returns $376/mo a month at a 8.6% 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
- $2,150/mo
- Monthly cash flow
- $376/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 10.5%
- Max offer
- $215,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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