For saleCondo
$185,000
977 Heritage Ct E
Vadnais Heights MN 55127
2 beds, 1 bath, 897 sqft
977 Heritage Ct E is a 2 beds, 1 bath, 897 sqft condo home for sale at $185,000 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $2,000/mo and returns $397/mo a month at a 9.2% 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
- $2,000/mo
- Monthly cash flow
- $397/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.9%
- Max offer
- $185,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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