For saleCondo
$150,000
1014 Kensington Trl Apt 202
Eagan MN 55123
1 bed, 1 bath, 870 sqft
1014 Kensington Trl Apt 202 is a 1 bed, 1 bath, 870 sqft condo home for sale at $150,000 in Eagan MN 55123. At 20% down it rents for an estimated $1,400/mo and returns -$61/mo a month at a 6.2% 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
- $1,400/mo
- Monthly cash flow
- -$61/mo
- Cap rate
- 6.2%
- Cash-on-cash
- -2.4%
- Max offer
- $117,500
Offer ≤ $117,500 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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