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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