For saleSingle family

$360,000

2597 Southlawn Dr

Maplewood MN 55109

5 beds, 2 baths, 1,808 sqft

2597 Southlawn Dr is a 5 beds, 2 baths, 1,808 sqft single family home for sale at $360,000 in Maplewood MN 55109. At 20% down it rents for an estimated $3,225/mo and returns $700/mo a month at a 8.8% 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
$3,225/mo
Monthly cash flow
$700/mo
Cap rate
8.8%
Cash-on-cash
11.7%
Max offer
$360,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.