For saleCondo
$235,000
5425 Orleans Ln N Apt 6
Plymouth MN 55442
2 beds, 1.5 baths, 1,104 sqft
5425 Orleans Ln N Apt 6 is a 2 beds, 1.5 baths, 1,104 sqft condo home for sale at $235,000 in Plymouth MN 55442. At 20% down it rents for an estimated $2,100/mo and returns $176/mo a month at a 7.6% 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
- $2,100/mo
- Monthly cash flow
- $176/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.5%
- Max offer
- $217,500
Offer ≤ $217,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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