For saleCondo

$185,000

3545 Blue Jay Way Apt 107

Eagan MN 55123

2 beds, 1 bath, 966 sqft

3545 Blue Jay Way Apt 107 is a 2 beds, 1 bath, 966 sqft condo home for sale at $185,000 in Eagan MN 55123. At 20% down it rents for an estimated $2,200/mo and returns $528/mo a month at a 9.9% 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
$2,200/mo
Monthly cash flow
$528/mo
Cap rate
9.9%
Cash-on-cash
17.1%
Max offer
$185,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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