For saleCondo
$140,000
7624 157th St W Apt 307
Apple Valley MN 55124
2 beds, 1 bath, 916 sqft
7624 157th St W Apt 307 is a 2 beds, 1 bath, 916 sqft condo home for sale at $140,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,850/mo and returns $369/mo a month at a 9.8% 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
- $1,850/mo
- Monthly cash flow
- $369/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 15.8%
- Max offer
- $140,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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