For saleSingle family
$430,000
1459 Rainbow Ave
Maple Plain MN 55359
5 beds, 3.5 baths, 2,496 sqft
1459 Rainbow Ave is a 5 beds, 3.5 baths, 2,496 sqft single family home for sale at $430,000 in Maple Plain MN 55359. At 20% down it rents for an estimated $3,650/mo and returns $580/mo a month at a 8.3% 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
- $3,650/mo
- Monthly cash flow
- $580/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.1%
- Max offer
- $430,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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