For saleCondo
$250,000
301 3rd St S Apt 103
Stillwater MN 55082
1 bed, 1 bath, 700 sqft
301 3rd St S Apt 103 is a 1 bed, 1 bath, 700 sqft condo home for sale at $250,000 in Stillwater MN 55082. At 20% down it rents for an estimated $1,350/mo and returns -$642/mo a month at a 3.6% 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
- $1,350/mo
- Monthly cash flow
- -$642/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.4%
- Max offer
- $129,000
Offer ≤ $129,000 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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