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 $1,650/mo and returns $138/mo a month at a 7.7% 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
- $1,650/mo
- Monthly cash flow
- $138/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.9%
- Max offer
- $133,500
Offer ≤ $133,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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