For saleTownhouse

$205,000

7023 146th Street Ct

Apple Valley MN 55124

2 beds, 1 bath, 1,120 sqft

7023 146th Street Ct is a 2 beds, 1 bath, 1,120 sqft townhouse home for sale at $205,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,800/mo and returns $187/mo a month at a 7.6% 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
$1,800/mo
Monthly cash flow
$187/mo
Cap rate
7.6%
Cash-on-cash
5.5%
Max offer
$194,000

Offer ≤ $194,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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