For saleCondo
$100,000
3421 Kent St Apt 407
Shoreview MN 55126
1 bed, 1 bath, 637 sqft
3421 Kent St Apt 407 is a 1 bed, 1 bath, 637 sqft condo home for sale at $100,000 in Shoreview MN 55126. At 20% down it rents for an estimated $1,375/mo and returns $151/mo a month at a 8.5% 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
- $1,375/mo
- Monthly cash flow
- $151/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.1%
- Max offer
- $100,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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