For saleCondo
$100,000
4100 Parklawn Ave Apt 109
Edina MN 55435
2 beds, 2 baths, 1,121 sqft
4100 Parklawn Ave Apt 109 is a 2 beds, 2 baths, 1,121 sqft condo home for sale at $100,000 in Edina MN 55435. At 20% down it rents for an estimated $1,800/mo and returns $395/mo a month at a 11.4% 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
- $1,800/mo
- Monthly cash flow
- $395/mo
- Cap rate
- 11.4%
- Cash-on-cash
- 23.7%
- Max offer
- $100,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading