For saleCondo
$225,000
973 Greenhaven Dr
Vadnais Heights MN 55127
3 beds, 2 baths, 1,285 sqft
973 Greenhaven Dr is a 3 beds, 2 baths, 1,285 sqft condo home for sale at $225,000 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $2,225/mo and returns $355/mo a month at a 8.6% 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
- $2,225/mo
- Monthly cash flow
- $355/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.5%
- Max offer
- $225,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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