For saleCondo
$105,000
2381 Unity Ave N
Golden Valley MN 55422
1 bed, 1 bath, 737 sqft
2381 Unity Ave N is a 1 bed, 1 bath, 737 sqft condo home for sale at $105,000 in Golden Valley MN 55422. At 20% down it rents for an estimated $1,325/mo and returns $124/mo a month at a 8.1% 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
- $1,325/mo
- Monthly cash flow
- $124/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.1%
- Max offer
- $102,500
Offer ≤ $102,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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