For saleSingle family
$259,000
1635 Delano Ave
Maple Plain MN 55359
3 beds, 2 baths, 1,464 sqft
1635 Delano Ave is a 3 beds, 2 baths, 1,464 sqft single family home for sale at $259,000 in Maple Plain MN 55359. At 20% down it rents for an estimated $2,950/mo and returns $1,101/mo a month at a 11.8% 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
- $2,950/mo
- Monthly cash flow
- $1,101/mo
- Cap rate
- 11.8%
- Cash-on-cash
- 25.5%
- Max offer
- $259,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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