For saleTownhouse

$164,900

2342 Dorland Pl E

Maplewood MN 55119

3 beds, 2 baths, 1,320 sqft

2342 Dorland Pl E is a 3 beds, 2 baths, 1,320 sqft townhouse home for sale at $164,900 in Maplewood MN 55119. At 20% down it rents for an estimated $2,000/mo and returns $448/mo a month at a 9.9% 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
$2,000/mo
Monthly cash flow
$448/mo
Cap rate
9.9%
Cash-on-cash
16.3%
Max offer
$164,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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