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 $2,225/mo and returns $450/mo a month at a 9.2% 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
$2,225/mo
Monthly cash flow
$450/mo
Cap rate
9.2%
Cash-on-cash
13.5%
Max offer
$200,000

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

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