For saleCondo
$203,500
10540 43rd Ave N Apt 203
Plymouth MN 55442
2 beds, 2 baths, 1,140 sqft
10540 43rd Ave N Apt 203 is a 2 beds, 2 baths, 1,140 sqft condo home for sale at $203,500 in Plymouth MN 55442. At 20% down it rents for an estimated $2,100/mo and returns $147/mo a month at a 7.5% 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
- $2,100/mo
- Monthly cash flow
- $147/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.3%
- Max offer
- $188,000
Offer ≤ $188,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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