For saleCondo
$139,500
132 Demont Ave E Apt 136
Little Canada MN 55117
2 beds, 2 baths, 1,060 sqft
132 Demont Ave E Apt 136 is a 2 beds, 2 baths, 1,060 sqft condo home for sale at $139,500 in Little Canada MN 55117. At 20% down it rents for an estimated $1,275/mo and returns -$187/mo a month at a 5.1% 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
- $1,275/mo
- Monthly cash flow
- -$187/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -8.0%
- Max offer
- $93,000
Offer ≤ $93,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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