For saleCondo

$75,000

3155 Old Highway 8 Apt 304

Roseville MN 55418

2 beds, 1 bath, 818 sqft

3155 Old Highway 8 Apt 304 is a 2 beds, 1 bath, 818 sqft condo home for sale at $75,000 in Roseville MN 55418. At 20% down it rents for an estimated $1,500/mo and returns $312/mo a month at a 11.7% 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
$1,500/mo
Monthly cash flow
$312/mo
Cap rate
11.7%
Cash-on-cash
25.0%
Max offer
$75,000

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

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