For saleSingle family
$243,000
1019 Maple St
Red Wing MN 55066
3 beds, 2 baths, 1,860 sqft
1019 Maple St is a 3 beds, 2 baths, 1,860 sqft single family home for sale at $243,000 in Red Wing MN 55066. At 20% down it rents for an estimated $1,850/mo and returns $115/mo a month at a 7.2% 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
- $1,850/mo
- Monthly cash flow
- $115/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.8%
- Max offer
- $218,500
Offer ≤ $218,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading