For saleCondo
$114,900
14861 58th St N Apt A2
Stillwater MN 55082
1 bed, 1 bath, 560 sqft
14861 58th St N Apt A2 is a 1 bed, 1 bath, 560 sqft condo home for sale at $114,900 in Stillwater MN 55082. At 20% down it rents for an estimated $1,500/mo and returns $447/mo a month at a 11.2% 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
- $447/mo
- Cap rate
- 11.2%
- Cash-on-cash
- 23.3%
- Max offer
- $114,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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