For saleCondo
$179,000
3575 Blue Jay Way Apt 202
Eagan MN 55123
1 bed, 1 bath, 840 sqft
3575 Blue Jay Way Apt 202 is a 1 bed, 1 bath, 840 sqft condo home for sale at $179,000 in Eagan MN 55123. At 20% down it rents for an estimated $1,400/mo and returns -$144/mo a month at a 5.7% 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
- $1,400/mo
- Monthly cash flow
- -$144/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -4.8%
- Max offer
- $131,500
Offer ≤ $131,500 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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