For saleTownhouse
$409,990
10394 Glacier Ln N
Maple Grove MN 55369
3 beds, 3 baths, 2,020 sqft
10394 Glacier Ln N is a 3 beds, 3 baths, 2,020 sqft townhouse home for sale at $409,990 in Maple Grove MN 55369. At 20% down it rents for an estimated $2,500/mo and returns -$523/mo a month at a 5.1% 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
- -$523/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.7%
- Max offer
- $277,000
Offer ≤ $277,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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