For saleSingle family
$405,050
10550 Glacier Ln N
Maple Grove MN 55369
3 beds, 2 baths, 1,777 sqft
10550 Glacier Ln N is a 3 beds, 2 baths, 1,777 sqft single family home for sale at $405,050 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,500/mo and returns -$392/mo a month at a 5.5% 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
- $2,500/mo
- Monthly cash flow
- -$392/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -5.8%
- Max offer
- $295,500
Offer ≤ $295,500 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading