For saleSingle family
$280,000
1960 Ide St
Maplewood MN 55109
3 beds, 1 bath, 1,188 sqft
1960 Ide St is a 3 beds, 1 bath, 1,188 sqft single family home for sale at $280,000 in Maplewood MN 55109. At 20% down it rents for an estimated $1,950/mo and returns -$49/mo a month at a 6.5% 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
- $1,950/mo
- Monthly cash flow
- -$49/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -1.0%
- Max offer
- $230,500
Offer ≤ $230,500 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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