For saleCondo
$105,000
3421 Kent St Apt 614
Shoreview MN 55126
1 bed, 1 bath, 668 sqft
3421 Kent St Apt 614 is a 1 bed, 1 bath, 668 sqft condo home for sale at $105,000 in Shoreview MN 55126. At 20% down it rents for an estimated $1,375/mo and returns $215/mo a month at a 9.1% 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
- $1,375/mo
- Monthly cash flow
- $215/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.3%
- Max offer
- $105,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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