For saleCondo

$215,000

14000 44th Pl N Apt 2

Plymouth MN 55446

2 beds, 1 bath, 1,050 sqft

14000 44th Pl N Apt 2 is a 2 beds, 1 bath, 1,050 sqft condo home for sale at $215,000 in Plymouth MN 55446. At 20% down it rents for an estimated $2,100/mo and returns $314/mo a month at a 8.4% 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
$2,100/mo
Monthly cash flow
$314/mo
Cap rate
8.4%
Cash-on-cash
8.8%
Max offer
$215,000

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

Loading