For saleCondo
$209,000
3276 Greenbrier St Unit 3276C
Vadnais Heights MN 55127
2 beds, 1 bath, 1,040 sqft
3276 Greenbrier St Unit 3276C is a 2 beds, 1 bath, 1,040 sqft condo home for sale at $209,000 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $2,000/mo and returns $113/mo a month at a 7.3% 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
- $2,000/mo
- Monthly cash flow
- $113/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.2%
- Max offer
- $188,000
Offer ≤ $188,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading