For saleSingle family
$649,500
13174 Maple Island Dr SE
Glenwood MN 56334
3 beds, 1.5 baths, 1,704 sqft
13174 Maple Island Dr SE is a 3 beds, 1.5 baths, 1,704 sqft single family home for sale at $649,500 in Glenwood MN 56334. At 20% down it rents for an estimated $1,600/mo and returns -$3,037/mo a month at a 1.1% 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
- $1,600/mo
- Monthly cash flow
- -$3,037/mo
- Cap rate
- 1.1%
- Cash-on-cash
- -28.1%
- Max offer
- $191,500
Offer ≤ $191,500 (71% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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