For saleSingle family

$1,695,000

6304 Xene Ln N

Maple Grove MN 55311

5 beds, 5.5 baths, 5,339 sqft

6304 Xene Ln N is a 5 beds, 5.5 baths, 5,339 sqft single family home for sale at $1,695,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $3,300/mo and returns -$8,800/mo a month at a 0.4% 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
$3,300/mo
Monthly cash flow
-$8,800/mo
Cap rate
0.4%
Cash-on-cash
-31.2%
Max offer
$397,500

Offer ≤ $397,500 (77% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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