For saleCondo
$139,900
1225 Ferndale St N Unit B1
Maplewood MN 55119
2 beds, 1 bath, 894 sqft
1225 Ferndale St N Unit B1 is a 2 beds, 1 bath, 894 sqft condo home for sale at $139,900 in Maplewood MN 55119. At 20% down it rents for an estimated $1,350/mo and returns $94/mo a month at a 7.5% 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
- $1,350/mo
- Monthly cash flow
- $94/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.0%
- Max offer
- $128,000
Offer ≤ $128,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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