For saleCondo
$200,000
5410 Three Points Blvd Apt 434
Mound MN 55364
2 beds, 1 bath, 978 sqft
5410 Three Points Blvd Apt 434 is a 2 beds, 1 bath, 978 sqft condo home for sale at $200,000 in Mound MN 55364. At 20% down it rents for an estimated $1,600/mo and returns -$475/mo a month at a 3.8% 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
- $1,600/mo
- Monthly cash flow
- -$475/mo
- Cap rate
- 3.8%
- Cash-on-cash
- -14.3%
- Max offer
- $108,000
Offer ≤ $108,000 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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