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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