For saleMulti-family
$749,900
15 Maple Pl
Minneapolis MN 55401
8 beds, 4 baths, 4,560 sqft
15 Maple Pl is a 8 beds, 4 baths, 4,560 sqft multi-family home for sale at $749,900 in Minneapolis MN 55401. At 20% down it rents for an estimated $7,150/mo and returns $1,890/mo a month at a 9.5% 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
- $7,150/mo
- Monthly cash flow
- $1,890/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 15.1%
- Max offer
- $749,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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