For saleSingle family
$594,000
40 Maple Hill Dr
Grand Marais MN 55604
5 beds, 4 baths, 4,065 sqft
40 Maple Hill Dr is a 5 beds, 4 baths, 4,065 sqft single family home for sale at $594,000 in Grand Marais MN 55604. At 20% down it rents for an estimated $1,450/mo and returns -$2,790/mo a month at a 1.0% 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
- $1,450/mo
- Monthly cash flow
- -$2,790/mo
- Cap rate
- 1.0%
- Cash-on-cash
- -28.2%
- Max offer
- $173,500
Offer ≤ $173,500 (71% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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