For saleTownhouse

$394,990

14384 104th Ave N

Maple Grove MN 55369

3 beds, 3 baths, 1,883 sqft

14384 104th Ave N is a 3 beds, 3 baths, 1,883 sqft townhouse home for sale at $394,990 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,500/mo and returns -$423/mo a month at a 5.4% 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
$2,500/mo
Monthly cash flow
-$423/mo
Cap rate
5.4%
Cash-on-cash
-6.4%
Max offer
$277,000

Offer ≤ $277,000 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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