For saleSingle family
$315,000
1283 Burke Ave E
Maplewood MN 55109
4 beds, 1 bath, 1,047 sqft
1283 Burke Ave E is a 4 beds, 1 bath, 1,047 sqft single family home for sale at $315,000 in Maplewood MN 55109. At 20% down it rents for an estimated $2,800/mo and returns $591/mo a month at a 8.8% 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
- $2,800/mo
- Monthly cash flow
- $591/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 11.3%
- Max offer
- $315,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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