For saleCondo
$88,900
130 Demont Ave E Apt 144
Little Canada MN 55117
1 bath, 300 sqft
130 Demont Ave E Apt 144 is a 1 bath, 300 sqft condo home for sale at $88,900 in Little Canada MN 55117. At 20% down it rents for an estimated $800/mo and returns $74/mo a month at a 7.7% 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
- $800/mo
- Monthly cash flow
- $74/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.0%
- Max offer
- $83,000
Offer ≤ $83,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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