For saleSingle family
$430,000
3032 Walter St
Maplewood MN 55109
3 beds, 3 baths, 2,450 sqft
3032 Walter St is a 3 beds, 3 baths, 2,450 sqft single family home for sale at $430,000 in Maplewood MN 55109. At 20% down it rents for an estimated $2,325/mo and returns -$745/mo a month at a 4.6% 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
- $2,325/mo
- Monthly cash flow
- -$745/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.4%
- Max offer
- $275,000
Offer ≤ $275,000 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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