For saleCondo

$189,900

1700 Four Oaks Rd Apt 219

Eagan MN 55121

3 beds, 2 baths, 1,344 sqft

1700 Four Oaks Rd Apt 219 is a 3 beds, 2 baths, 1,344 sqft condo home for sale at $189,900 in Eagan MN 55121. At 20% down it rents for an estimated $2,150/mo and returns $213/mo a month at a 8.0% 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
$2,150/mo
Monthly cash flow
$213/mo
Cap rate
8.0%
Cash-on-cash
6.7%
Max offer
$184,500

Offer ≤ $184,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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