For saleCondo
$194,900
11137 Edgewood Cir N
Champlin MN 55316
2 beds, 1 bath, 1,080 sqft
11137 Edgewood Cir N is a 2 beds, 1 bath, 1,080 sqft condo home for sale at $194,900 in Champlin MN 55316. At 20% down it rents for an estimated $1,675/mo and returns $123/mo a month at a 7.4% 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
- $1,675/mo
- Monthly cash flow
- $123/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.8%
- Max offer
- $177,500
Offer ≤ $177,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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