For saleCondo
$139,900
183 Little Canada Rd E Apt 217
Little Canada MN 55117
2 beds, 1.5 baths, 952 sqft
183 Little Canada Rd E Apt 217 is a 2 beds, 1.5 baths, 952 sqft condo home for sale at $139,900 in Little Canada MN 55117. At 20% down it rents for an estimated $1,550/mo and returns $132/mo a month at a 7.8% 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
- $1,550/mo
- Monthly cash flow
- $132/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.7%
- Max offer
- $133,000
Offer ≤ $133,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading