For saleTownhouse

$205,000

15537 Foghorn Ln Unit 45

Apple Valley MN 55124

2 beds, 1.5 baths, 940 sqft

15537 Foghorn Ln Unit 45 is a 2 beds, 1.5 baths, 940 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 $340/mo a month at a 8.5% 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
$340/mo
Cap rate
8.5%
Cash-on-cash
10.0%
Max offer
$205,000

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

Loading listing…

Fetching the market snapshot.