For saleCondo
$119,900
4120 Parklawn Ave Apt 325
Edina MN 55435
2 beds, 2 baths, 1,121 sqft
4120 Parklawn Ave Apt 325 is a 2 beds, 2 baths, 1,121 sqft condo home for sale at $119,900 in Edina MN 55435. At 20% down it rents for an estimated $1,800/mo and returns $262/mo a month at a 9.3% 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
- $1,800/mo
- Monthly cash flow
- $262/mo
- Cap rate
- 9.3%
- Cash-on-cash
- 13.1%
- Max offer
- $119,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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