For saleCondo
$110,000
2200 Nevada Ave S Apt 214
Saint Louis Park MN 55426
1 bed, 1 bath, 833 sqft
2200 Nevada Ave S Apt 214 is a 1 bed, 1 bath, 833 sqft condo home for sale at $110,000 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $1,400/mo and returns $162/mo a month at a 8.4% 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
- $1,400/mo
- Monthly cash flow
- $162/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.8%
- Max offer
- $110,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading