For saleCondo
$159,900
7675 142nd St W Apt 215
Apple Valley MN 55124
2 beds, 1 bath, 960 sqft
7675 142nd St W Apt 215 is a 2 beds, 1 bath, 960 sqft condo home for sale at $159,900 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,850/mo and returns $245/mo a month at a 8.5% 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
- $245/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.2%
- Max offer
- $159,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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