For saleTownhouse

$215,000

7695 Wedgewood Ct N

Maple Grove MN 55311

2 beds, 1 bath, 1,008 sqft

7695 Wedgewood Ct N is a 2 beds, 1 bath, 1,008 sqft townhouse home for sale at $215,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,100/mo and returns $342/mo a month at a 8.6% 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
$2,100/mo
Monthly cash flow
$342/mo
Cap rate
8.6%
Cash-on-cash
9.5%
Max offer
$215,000

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

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