For saleCondo
$133,000
1400 Dakota Ave S Unit 103
Saint Louis Park MN 55416
1 bed, 1 bath, 663 sqft
1400 Dakota Ave S Unit 103 is a 1 bed, 1 bath, 663 sqft condo home for sale at $133,000 in Saint Louis Park MN 55416. At 20% down it rents for an estimated $1,400/mo and returns $100/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
- $1,400/mo
- Monthly cash flow
- $100/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.5%
- Max offer
- $123,000
Offer ≤ $123,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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