For saleSingle family
$689,000
10557 Minnesota Ln N
Maple Grove MN 55369
4 beds, 2.5 baths, 2,669 sqft
10557 Minnesota Ln N is a 4 beds, 2.5 baths, 2,669 sqft single family home for sale at $689,000 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,800/mo and returns -$2,119/mo a month at a 3.0% 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
- $2,800/mo
- Monthly cash flow
- -$2,119/mo
- Cap rate
- 3.0%
- Cash-on-cash
- -18.4%
- Max offer
- $332,500
Offer ≤ $332,500 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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