For saleCondo
$189,900
2920 Mounds View Blvd
Mounds View MN 55112
2 beds, 2 baths, 1,109 sqft
2920 Mounds View Blvd is a 2 beds, 2 baths, 1,109 sqft condo home for sale at $189,900 in Mounds View MN 55112. At 20% down it rents for an estimated $1,325/mo and returns -$427/mo a month at a 4.0% 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
- $1,325/mo
- Monthly cash flow
- -$427/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.5%
- Max offer
- $105,500
Offer ≤ $105,500 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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