For saleTownhouse

$124,900

409 Dorland Pl S

Maplewood MN 55119

2 beds, 1.5 baths, 1,160 sqft

409 Dorland Pl S is a 2 beds, 1.5 baths, 1,160 sqft townhouse home for sale at $124,900 in Maplewood MN 55119. At 20% down it rents for an estimated $1,750/mo and returns $481/mo a month at a 11.1% 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: $1,750/mo
Monthly cash flow: $481/mo
Cap rate: 11.1%
Cash-on-cash: 23.1%
Max offer: $124,900

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

Back to home

Strong fitTownhouse56d on market

$124,900

409 Dorland Pl S

Maplewood MN 55119

2 beds1.5 baths1,160 sqft

Deal score

Est. rent

$1,750/mo

Cash flow

$539/mo

Cap rate

11.1%

Cash-on-cash

20.7%

Max offer

$124,900

Rental verdict

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

⚠ The $450/mo HOA dues eat 26% of the rent here — that's high, and dues usually only go up. Factor it hard before offering.

These numbers assume a 25% down payment on this price. Set your own down payment and every number re-runs your way.

Pro forma

Cash flow

$539/mo

Cap rate

11.1%

Cash-on-cash

20.7%

DSCR

1.87

Purchase price$124,900

Interior finishes budgetNone modeled

What you'd spend on interior finishes before renting — starts at zero, set your own number (our photo-based estimate is $48,000). Counted as upfront cash: it raises cash to close and is part of the cash-on-cash return.

Down payment25.0% · $31,225

Interest rate6.95%

Monthly rent$1,750/mo

Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (18% of rent, about $315/mo for management, vacancy, maintenance and CapEx) would put cash flow at $224/mo. Set your own below.

Property management0% of rent · $0/mo

Vacancy (empty between tenants)0% of rent · $0/mo

Maintenance (small repairs)0% of rent · $0/mo

CapEx (saving for big repairs)0% of rent · $0/mo

Expenses owners pay

Tenants typically pay their own utilities on this home type, and the association dues (charged in full above) carry trash and exterior upkeep, so every line opens at $0. If you'll pay any of these as the owner, set them here — they come straight out of the cash flow above.

Water & sewer$0/mo

Trash$0/mo

Common-area electric$0/mo

Heat & gas (if owner-paid)$0/mo

Caretaker / lawn & snow$0/mo

Total owner-paid expenses$0/mo

Monthly payment (PITI)

Principal & interest$620
Property tax$125
Insurance$16
HOA (est.)$450
Total payment$1,211/mo

Cash-flow math charges taxes, insurance, HOA, PMI in full and holds nothing back from rent. Management, vacancy, maintenance and CapEx are yours to set above. Insurance runs lighter here: the association’s dues cover the structure’s master policy and exterior upkeep.

Cash you'd need to close (est.)

Down payment (25.0%)$31,225
Closing costs (~3%: title, lender, prepaid escrow)$3,747
Reserves (2 months of payments)$2,421
Total cash to close$37,393

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

409 Dorland Pl S in context — the streets, water and amenities around it.

Street View ↗

Property details

409 Dorland Pl S · Maplewood MN 55119

Beds: 2
Baths: 1.5
Square feet: 1,160
Price / sqft: $108
Home type: Townhouse
Days on market: 56 days
HOA: $450/mo (est.)
Status: For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.