For saleCondo
$109,900
4100 Parklawn Ave Apt 104
Edina MN 55435
2 beds, 2 baths, 1,080 sqft
4100 Parklawn Ave Apt 104 is a 2 beds, 2 baths, 1,080 sqft condo home for sale at $109,900 in Edina MN 55435. At 20% down it rents for an estimated $1,800/mo and returns $60/mo a month at a 7.3% 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
- $1,800/mo
- Monthly cash flow
- $60/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.3%
- Max offer
- $99,000
Offer ≤ $99,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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