For saleCondo
$189,900
6165 Chasewood Pkwy Apt 1
Hopkins MN 55343
2 beds, 2 baths, 1,096 sqft
6165 Chasewood Pkwy Apt 1 is a 2 beds, 2 baths, 1,096 sqft condo home for sale at $189,900 in Hopkins MN 55343. At 20% down it rents for an estimated $1,800/mo and returns $11/mo a month at a 6.7% 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
- $1,800/mo
- Monthly cash flow
- $11/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.4%
- Max offer
- $159,500
Offer ≤ $159,500 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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