For saleCondo
$219,900
4397 Wilshire Blvd Apt E305
Mound MN 55364
2 beds, 1 bath, 892 sqft
4397 Wilshire Blvd Apt E305 is a 2 beds, 1 bath, 892 sqft condo home for sale at $219,900 in Mound MN 55364. At 20% down it rents for an estimated $1,500/mo and returns -$729/mo a month at a 2.7% 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
- -$729/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -19.9%
- Max offer
- $93,000
Offer ≤ $93,000 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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