For saleCondo
$189,900
11173 Edgewood Cir N
Champlin MN 55316
2 beds, 1 bath, 936 sqft
11173 Edgewood Cir N is a 2 beds, 1 bath, 936 sqft condo home for sale at $189,900 in Champlin MN 55316. At 20% down it rents for an estimated $1,675/mo and returns $158/mo a month at a 7.7% 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
- $158/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.0%
- Max offer
- $178,000
Offer ≤ $178,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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