For saleCondo
$139,900
14630 Garrett Ave Apt 613
Apple Valley MN 55124
2 beds, 1 bath, 925 sqft
14630 Garrett Ave Apt 613 is a 2 beds, 1 bath, 925 sqft condo home for sale at $139,900 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,900/mo and returns $538/mo a month at a 11.3% 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
- $1,900/mo
- Monthly cash flow
- $538/mo
- Cap rate
- 11.3%
- Cash-on-cash
- 23.1%
- Max offer
- $139,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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