For saleCondo
$165,000
4459 Westdel Rd
Farmington MN 55024
2 beds, 1 bath, 850 sqft
4459 Westdel Rd is a 2 beds, 1 bath, 850 sqft condo home for sale at $165,000 in Farmington MN 55024. At 20% down it rents for an estimated $1,925/mo and returns $395/mo a month at a 9.5% 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
- $1,925/mo
- Monthly cash flow
- $395/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 14.4%
- Max offer
- $165,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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