For saleCondo
$85,000
4100 Parklawn Ave Apt 318
Edina MN 55435
1 bed, 1 bath, 764 sqft
4100 Parklawn Ave Apt 318 is a 1 bed, 1 bath, 764 sqft condo home for sale at $85,000 in Edina MN 55435. At 20% down it rents for an estimated $1,500/mo and returns $195/mo a month at a 9.4% 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
- $1,500/mo
- Monthly cash flow
- $195/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 13.8%
- Max offer
- $85,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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