For saleCondo
$175,000
8200 W 33rd St Apt 323
Saint Louis Park MN 55426
1 bed, 1 bath, 1,039 sqft
8200 W 33rd St Apt 323 is a 1 bed, 1 bath, 1,039 sqft condo home for sale at $175,000 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $1,100/mo and returns -$700/mo a month at a 1.9% 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
- $1,100/mo
- Monthly cash flow
- -$700/mo
- Cap rate
- 1.9%
- Cash-on-cash
- -24.0%
- Max offer
- $59,000
Offer ≤ $59,000 (66% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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