For saleCondo
$135,000
181 Little Canada Rd E Unit 334
Little Canada MN 55117
2 beds, 1.5 baths, 950 sqft
181 Little Canada Rd E Unit 334 is a 2 beds, 1.5 baths, 950 sqft condo home for sale at $135,000 in Little Canada MN 55117. At 20% down it rents for an estimated $1,550/mo and returns $165/mo a month at a 8.1% 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
- $1,550/mo
- Monthly cash flow
- $165/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.3%
- Max offer
- $133,000
Offer ≤ $133,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading