For saleCondo
$135,000
10840 Rockford Rd Apt 308
Plymouth MN 55442
2 beds, 1 bath, 868 sqft
10840 Rockford Rd Apt 308 is a 2 beds, 1 bath, 868 sqft condo home for sale at $135,000 in Plymouth MN 55442. At 20% down it rents for an estimated $1,650/mo and returns $109/mo a month at a 7.5% 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
- $1,650/mo
- Monthly cash flow
- $109/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.8%
- Max offer
- $126,000
Offer ≤ $126,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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