For saleSingle family

$275,000

217 Maple St S

La Crescent MN 55947

3 beds, 1 bath, 2,240 sqft

217 Maple St S is a 3 beds, 1 bath, 2,240 sqft single family home for sale at $275,000 in La Crescent MN 55947. At 20% down it rents for an estimated $1,075/mo and returns -$888/mo a month at a 2.8% 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
$1,075/mo
Monthly cash flow
-$888/mo
Cap rate
2.8%
Cash-on-cash
-19.4%
Max offer
$127,500

Offer ≤ $127,500 (54% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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