For saleSingle family

$349,900

21 Farrell St N

Maplewood MN 55119

5 beds, 2 baths, 1,940 sqft

21 Farrell St N is a 5 beds, 2 baths, 1,940 sqft single family home for sale at $349,900 in Maplewood MN 55119. At 20% down it rents for an estimated $2,875/mo and returns $377/mo a month at a 8.0% 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
$2,875/mo
Monthly cash flow
$377/mo
Cap rate
8.0%
Cash-on-cash
6.5%
Max offer
$339,000

Offer ≤ $339,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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