For saleTownhouse
$364,900
416 5th St W
Maple Lake MN 55358
2 beds, 2 baths, 1,429 sqft
416 5th St W is a 2 beds, 2 baths, 1,429 sqft townhouse home for sale at $364,900 in Maple Lake MN 55358. At 20% down it rents for an estimated $1,325/mo and returns -$1,343/mo a month at a 2.3% 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
- $1,325/mo
- Monthly cash flow
- -$1,343/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -22.1%
- Max offer
- $138,000
Offer ≤ $138,000 (62% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading