For saleCondo

$140,000

10720 Rockford Rd Apt 313

Plymouth MN 55442

2 beds, 1 bath, 882 sqft

10720 Rockford Rd Apt 313 is a 2 beds, 1 bath, 882 sqft condo home for sale at $140,000 in Plymouth MN 55442. At 20% down it rents for an estimated $2,100/mo and returns $571/mo a month at a 11.6% 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
$2,100/mo
Monthly cash flow
$571/mo
Cap rate
11.6%
Cash-on-cash
24.5%
Max offer
$140,000

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

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