For saleCondo

$140,000

10451 Greenbrier Rd Apt 318

Minnetonka MN 55305

1 bed, 1 bath, 778 sqft

10451 Greenbrier Rd Apt 318 is a 1 bed, 1 bath, 778 sqft condo home for sale at $140,000 in Minnetonka MN 55305. At 20% down it rents for an estimated $1,500/mo and returns $97/mo a month at a 7.3% 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
$97/mo
Cap rate
7.3%
Cash-on-cash
4.2%
Max offer
$128,500

Offer ≤ $128,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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