For saleCondo
$199,900
10600 43rd Ave N Apt 202
Plymouth MN 55442
2 beds, 2 baths, 1,325 sqft
10600 43rd Ave N Apt 202 is a 2 beds, 2 baths, 1,325 sqft condo home for sale at $199,900 in Plymouth MN 55442. At 20% down it rents for an estimated $2,100/mo and returns $125/mo a month at a 7.4% 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
- $2,100/mo
- Monthly cash flow
- $125/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.7%
- Max offer
- $182,000
Offer ≤ $182,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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