For saleSingle family

$295,000

63 Ferndale St N

Maplewood MN 55119

3 beds, 1 bath, 960 sqft

63 Ferndale St N is a 3 beds, 1 bath, 960 sqft single family home for sale at $295,000 in Maplewood MN 55119. At 20% down it rents for an estimated $2,200/mo and returns $131/mo a month at a 7.0% 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
$2,200/mo
Monthly cash flow
$131/mo
Cap rate
7.0%
Cash-on-cash
2.7%
Max offer
$263,500

Offer ≤ $263,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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