For saleCondo
$139,900
5627 Green Circle Dr Apt 121
Minnetonka MN 55343
1 bed, 1 bath, 874 sqft
5627 Green Circle Dr Apt 121 is a 1 bed, 1 bath, 874 sqft condo home for sale at $139,900 in Minnetonka MN 55343. At 20% down it rents for an estimated $1,275/mo and returns -$68/mo a month at a 6.1% 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
- $1,275/mo
- Monthly cash flow
- -$68/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -2.9%
- Max offer
- $108,000
Offer ≤ $108,000 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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