Pending saleCondo

$80,000

2495 Canabury Dr Apt 333

Little Canada MN 55117

2 beds, 2 baths, 1,189 sqft

2495 Canabury Dr Apt 333 is a 2 beds, 2 baths, 1,189 sqft condo home pending sale at $80,000 in Little Canada MN 55117. At 20% down it rents for an estimated $1,275/mo and returns $226/mo a month at a 10.1% 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
$226/mo
Cap rate
10.1%
Cash-on-cash
16.9%
Max offer
$80,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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