For saleCondo
$200,000
14855 Endicott Way Apt 304
Apple Valley MN 55124
3 beds, 1 bath, 1,076 sqft
14855 Endicott Way Apt 304 is a 3 beds, 1 bath, 1,076 sqft condo home for sale at $200,000 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,550/mo and returns $750/mo a month at a 11.2% 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
- $2,550/mo
- Monthly cash flow
- $750/mo
- Cap rate
- 11.2%
- Cash-on-cash
- 22.5%
- Max offer
- $200,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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