For saleCondo
$148,000
3421 Kent St Apt 509
Shoreview MN 55126
2 beds, 2 baths, 1,047 sqft
3421 Kent St Apt 509 is a 2 beds, 2 baths, 1,047 sqft condo home for sale at $148,000 in Shoreview MN 55126. At 20% down it rents for an estimated $1,825/mo and returns $280/mo a month at a 8.9% 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
- $1,825/mo
- Monthly cash flow
- $280/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.4%
- Max offer
- $148,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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