For saleCondo

$145,000

10750 Rockford Rd Apt 101

Plymouth MN 55442

2 beds, 1 bath, 860 sqft

10750 Rockford Rd Apt 101 is a 2 beds, 1 bath, 860 sqft condo home for sale at $145,000 in Plymouth MN 55442. At 20% down it rents for an estimated $1,650/mo and returns $105/mo a month at a 7.4% 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
$1,650/mo
Monthly cash flow
$105/mo
Cap rate
7.4%
Cash-on-cash
4.4%
Max offer
$133,500

Offer ≤ $133,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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