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 $11,200/mo and returns $5,847/mo a month at a 16.0% 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
- $11,200/mo
- Monthly cash flow
- $5,847/mo
- Cap rate
- 16.0%
- Cash-on-cash
- 46.8%
- Max offer
- $749,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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