For saleCondo

$100,000

3461 Kent St Apt 1207

Shoreview MN 55126

1 bed, 1 bath, 668 sqft

3461 Kent St Apt 1207 is a 1 bed, 1 bath, 668 sqft condo home for sale at $100,000 in Shoreview MN 55126. At 20% down it rents for an estimated $1,375/mo and returns $163/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
$1,375/mo
Monthly cash flow
$163/mo
Cap rate
8.6%
Cash-on-cash
9.8%
Max offer
$100,000

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

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