For saleTownhouse
$210,000
6260 Magda Dr Unit B
Maple Grove MN 55369
2 beds, 1.5 baths, 1,093 sqft
6260 Magda Dr Unit B is a 2 beds, 1.5 baths, 1,093 sqft townhouse home for sale at $210,000 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,100/mo and returns $234/mo a month at a 8.0% 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
- $234/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.7%
- Max offer
- $204,000
Offer ≤ $204,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading