For saleSingle family
$693,500
15930 Elmwood Way
Apple Valley MN 55124
4 beds, 5 baths, 4,223 sqft
15930 Elmwood Way is a 4 beds, 5 baths, 4,223 sqft single family home for sale at $693,500 in Apple Valley MN 55124. At 20% down it rents for an estimated $3,000/mo and returns -$1,951/mo a month at a 3.3% 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
- $3,000/mo
- Monthly cash flow
- -$1,951/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -16.9%
- Max offer
- $356,000
Offer ≤ $356,000 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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