For saleCondo

$30,000

7182 72nd Ln N Apt 221

Crystal MN 55428

1 bed, 1 bath, 734 sqft

7182 72nd Ln N Apt 221 is a 1 bed, 1 bath, 734 sqft condo home for sale at $30,000 in Crystal MN 55428. At 20% down it rents for an estimated $1,225/mo and returns $457/mo a month at a 24.9% 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
$1,225/mo
Monthly cash flow
$457/mo
Cap rate
24.9%
Cash-on-cash
91.3%
Max offer
$30,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading