For saleSingle family
$1,200,000
10229 Queensland Ln N
Maple Grove MN 55311
5 beds, 3.5 baths, 5,349 sqft
10229 Queensland Ln N is a 5 beds, 3.5 baths, 5,349 sqft single family home for sale at $1,200,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,850/mo and returns -$5,717/mo a month at a 0.9% 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
- $2,850/mo
- Monthly cash flow
- -$5,717/mo
- Cap rate
- 0.9%
- Cash-on-cash
- -28.6%
- Max offer
- $342,000
Offer ≤ $342,000 (72% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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