For saleCondo
$250,000
2495 Canabury Dr Apt 134
Little Canada MN 55117
3 beds, 2 baths
2495 Canabury Dr Apt 134 is a 3 beds, 2 baths condo home for sale at $250,000 in Little Canada MN 55117. At 20% down it rents for an estimated $1,900/mo and returns -$304/mo a month at a 5.2% 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
- $1,900/mo
- Monthly cash flow
- -$304/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.3%
- Max offer
- $170,500
Offer ≤ $170,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading