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 $1,900/mo and returns $436/mo a month at a 10.3% 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
$1,900/mo
Monthly cash flow
$436/mo
Cap rate
10.3%
Cash-on-cash
18.7%
Max offer
$140,000

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

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