For saleCondo

$139,000

1150 Dellwood St S Apt 306

Cambridge MN 55008

2 beds, 1 bath, 815 sqft

1150 Dellwood St S Apt 306 is a 2 beds, 1 bath, 815 sqft condo home for sale at $139,000 in Cambridge MN 55008. At 20% down it rents for an estimated $1,500/mo and returns $125/mo a month at a 7.6% 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
$1,500/mo
Monthly cash flow
$125/mo
Cap rate
7.6%
Cash-on-cash
5.4%
Max offer
$131,000

Offer ≤ $131,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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