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 $229/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
$229/mo
Cap rate
8.1%
Cash-on-cash
8.1%
Max offer
$169,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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