For saleTownhouse

$185,000

2300 Lower Afton Rd E Unit 316

Maplewood MN 55119

2 beds, 1.5 baths, 1,410 sqft

2300 Lower Afton Rd E Unit 316 is a 2 beds, 1.5 baths, 1,410 sqft townhouse home for sale at $185,000 in Maplewood MN 55119. At 20% down it rents for an estimated $1,700/mo and returns $37/mo a month at a 6.8% 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
$1,700/mo
Monthly cash flow
$37/mo
Cap rate
6.8%
Cash-on-cash
1.2%
Max offer
$158,500

Offer ≤ $158,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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