For saleCondo
$135,000
2495 Canabury Dr Apt 230
Little Canada MN 55117
2 beds, 1 bath, 1,215 sqft
2495 Canabury Dr Apt 230 is a 2 beds, 1 bath, 1,215 sqft condo home for sale at $135,000 in Little Canada MN 55117. At 20% down it rents for an estimated $1,275/mo and returns -$161/mo a month at a 5.2% 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
- $1,275/mo
- Monthly cash flow
- -$161/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.1%
- Max offer
- $92,500
Offer ≤ $92,500 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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