For saleCondo
$65,000
10113 W 34th St Apt 338
Hopkins MN 55305
1 bed, 1 bath, 750 sqft
10113 W 34th St Apt 338 is a 1 bed, 1 bath, 750 sqft condo home for sale at $65,000 in Hopkins MN 55305. At 20% down it rents for an estimated $1,225/mo and returns $118/mo a month at a 8.8% 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
- $1,225/mo
- Monthly cash flow
- $118/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.9%
- Max offer
- $65,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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