For saleCondo

$114,000

4110 Rahn Rd Apt 115

Eagan MN 55122

1 bed, 1 bath, 700 sqft

4110 Rahn Rd Apt 115 is a 1 bed, 1 bath, 700 sqft condo home for sale at $114,000 in Eagan MN 55122. At 20% down it rents for an estimated $1,425/mo and returns $283/mo a month at a 9.5% 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
$1,425/mo
Monthly cash flow
$283/mo
Cap rate
9.5%
Cash-on-cash
14.9%
Max offer
$114,000

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

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