For saleCondo
$159,000
995 Heritage Ct E Unit 303
Vadnais Heights MN 55127
2 beds, 1 bath, 886 sqft
995 Heritage Ct E Unit 303 is a 2 beds, 1 bath, 886 sqft condo home for sale at $159,000 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $1,900/mo and returns $471/mo a month at a 10.2% 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
- $1,900/mo
- Monthly cash flow
- $471/mo
- Cap rate
- 10.2%
- Cash-on-cash
- 17.8%
- Max offer
- $159,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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