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 $1,900/mo and returns $262/mo a month at a 8.2% 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
- $1,900/mo
- Monthly cash flow
- $262/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.7%
- Max offer
- $203,500
Offer ≤ $203,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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