For saleCondo
$109,900
9147 Highway 55 Apt 102
Golden Valley MN 55427
2 beds, 1 bath, 800 sqft
9147 Highway 55 Apt 102 is a 2 beds, 1 bath, 800 sqft condo home for sale at $109,900 in Golden Valley MN 55427. At 20% down it rents for an estimated $1,675/mo and returns $406/mo a month at a 11.1% 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
- $1,675/mo
- Monthly cash flow
- $406/mo
- Cap rate
- 11.1%
- Cash-on-cash
- 22.2%
- Max offer
- $109,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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