For saleCondo

$122,000

7759 142nd St W Apt 306

Apple Valley MN 55124

1 bed, 1 bath, 783 sqft

7759 142nd St W Apt 306 is a 1 bed, 1 bath, 783 sqft condo home for sale at $122,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,575/mo and returns $348/mo a month at a 9.9% 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
$1,575/mo
Monthly cash flow
$348/mo
Cap rate
9.9%
Cash-on-cash
17.1%
Max offer
$122,000

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

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