For saleSingle family
$465,000
3043 Walter St
Maplewood MN 55109
3 beds, 3 baths, 2,628 sqft
3043 Walter St is a 3 beds, 3 baths, 2,628 sqft single family home for sale at $465,000 in Maplewood MN 55109. At 20% down it rents for an estimated $2,325/mo and returns -$995/mo a month at a 4.1% 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
- $2,325/mo
- Monthly cash flow
- -$995/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.8%
- Max offer
- $275,500
Offer ≤ $275,500 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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