For saleTownhouse
$275,000
15785 Hannover Path
Apple Valley MN 55124
3 beds, 2 baths, 1,422 sqft
15785 Hannover Path is a 3 beds, 2 baths, 1,422 sqft townhouse home for sale at $275,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,400/mo and returns $183/mo a month at a 7.5% 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
- $2,400/mo
- Monthly cash flow
- $183/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.0%
- Max offer
- $252,000
Offer ≤ $252,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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