For saleSingle family
$299,900
1220 Frisbie Ave
Maplewood MN 55109
3 beds, 1 bath, 1,639 sqft
1220 Frisbie Ave is a 3 beds, 1 bath, 1,639 sqft single family home for sale at $299,900 in Maplewood MN 55109. At 20% down it rents for an estimated $1,850/mo and returns -$291/mo a month at a 5.5% 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
- $1,850/mo
- Monthly cash flow
- -$291/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -5.8%
- Max offer
- $218,500
Offer ≤ $218,500 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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