For saleCondo
$154,900
6450 York Ave S Apt 500
Edina MN 55435
2 beds, 2 baths, 1,460 sqft
6450 York Ave S Apt 500 is a 2 beds, 2 baths, 1,460 sqft condo home for sale at $154,900 in Edina MN 55435. At 20% down it rents for an estimated $2,100/mo and returns -$78/mo a month at a 6.1% 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
- $2,100/mo
- Monthly cash flow
- -$78/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -3.0%
- Max offer
- $119,500
Offer ≤ $119,500 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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