For saleCondo
$227,900
4334 Evergreen Dr
Vadnais Heights MN 55127
2 beds, 2 baths, 1,167 sqft
4334 Evergreen Dr is a 2 beds, 2 baths, 1,167 sqft condo home for sale at $227,900 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $2,000/mo and returns $111/mo a month at a 7.2% 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
- $2,000/mo
- Monthly cash flow
- $111/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.9%
- Max offer
- $203,500
Offer ≤ $203,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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