For saleCondo
$299,900
5440 Three Points Blvd Apt 536
Mound MN 55364
2 beds, 1 bath, 978 sqft
5440 Three Points Blvd Apt 536 is a 2 beds, 1 bath, 978 sqft condo home for sale at $299,900 in Mound MN 55364. At 20% down it rents for an estimated $1,600/mo and returns -$1,222/mo a month at a 1.8% 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
- $1,600/mo
- Monthly cash flow
- -$1,222/mo
- Cap rate
- 1.8%
- Cash-on-cash
- -24.5%
- Max offer
- $98,500
Offer ≤ $98,500 (67% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading