For saleMulti-family
$299,000
216 Birch Ave S
Maple Lake MN 55358
3 beds, 2 baths, 1,884 sqft
216 Birch Ave S is a 3 beds, 2 baths, 1,884 sqft multi-family home for sale at $299,000 in Maple Lake MN 55358. At 20% down it rents for an estimated $2,500/mo and returns $403/mo a month at a 8.1% 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
- $2,500/mo
- Monthly cash flow
- $403/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 8.1%
- Max offer
- $299,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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