For saleSingle family
$429,000
7102 Annapolis Ln N
Maple Grove MN 55311
4 beds, 2 baths, 2,150 sqft
7102 Annapolis Ln N is a 4 beds, 2 baths, 2,150 sqft single family home for sale at $429,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,750/mo and returns -$313/mo a month at a 5.8% 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
- $2,750/mo
- Monthly cash flow
- -$313/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.4%
- Max offer
- $325,000
Offer ≤ $325,000 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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