For saleCondo
$169,900
445 Shelard Pkwy Unit 101
Saint Louis Park MN 55426
2 beds, 1 bath, 967 sqft
445 Shelard Pkwy Unit 101 is a 2 beds, 1 bath, 967 sqft condo home for sale at $169,900 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $1,675/mo and returns $208/mo a month at a 8.1% 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
- $1,675/mo
- Monthly cash flow
- $208/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.3%
- Max offer
- $167,500
Offer ≤ $167,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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