For saleCondo
$123,000
4 Pine Tree Dr Apt 314
Arden Hills MN 55112
1 bed, 1 bath, 725 sqft
4 Pine Tree Dr Apt 314 is a 1 bed, 1 bath, 725 sqft condo home for sale at $123,000 in Arden Hills MN 55112. At 20% down it rents for an estimated $1,350/mo and returns $18/mo a month at a 6.8% 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
- $1,350/mo
- Monthly cash flow
- $18/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 0.9%
- Max offer
- $104,500
Offer ≤ $104,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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