For saleCondo

$139,900

6450 York Ave S Apt 308

Edina MN 55435

2 beds, 2 baths, 1,164 sqft

6450 York Ave S Apt 308 is a 2 beds, 2 baths, 1,164 sqft condo home for sale at $139,900 in Edina MN 55435. At 20% down it rents for an estimated $2,100/mo and returns $255/mo a month at a 8.9% 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
$255/mo
Cap rate
8.9%
Cash-on-cash
11.0%
Max offer
$139,900

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

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