For saleSingle family
$349,500
1548 Legacy Pkwy E
Maplewood MN 55109
3 beds, 2.5 baths, 1,857 sqft
1548 Legacy Pkwy E is a 3 beds, 2.5 baths, 1,857 sqft single family home for sale at $349,500 in Maplewood MN 55109. At 20% down it rents for an estimated $2,325/mo and returns -$170/mo a month at a 6.1% 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
- $2,325/mo
- Monthly cash flow
- -$170/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -2.9%
- Max offer
- $274,500
Offer ≤ $274,500 (21% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading