For saleSingle family
$362,500
1647 Marsh Ave
Maple Plain MN 55359
3 beds, 2 baths, 1,888 sqft
1647 Marsh Ave is a 3 beds, 2 baths, 1,888 sqft single family home for sale at $362,500 in Maple Plain MN 55359. At 20% down it rents for an estimated $2,950/mo and returns $362/mo a month at a 7.9% 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
- $362/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.0%
- Max offer
- $348,000
Offer ≤ $348,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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