For saleCondo
$129,000
4100 Parklawn Ave Apt 201
Edina MN 55435
2 beds, 2 baths, 1,120 sqft
4100 Parklawn Ave Apt 201 is a 2 beds, 2 baths, 1,120 sqft condo home for sale at $129,000 in Edina MN 55435. At 20% down it rents for an estimated $2,150/mo and returns $313/mo a month at a 9.4% 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
- $2,150/mo
- Monthly cash flow
- $313/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 14.6%
- Max offer
- $129,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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