For saleCondo

$139,900

2200 Midland Grove Rd Apt 305

Roseville MN 55113

2 beds, 2 baths, 1,082 sqft

2200 Midland Grove Rd Apt 305 is a 2 beds, 2 baths, 1,082 sqft condo home for sale at $139,900 in Roseville MN 55113. At 20% down it rents for an estimated $1,500/mo and returns -$233/mo a month at a 4.7% 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
$1,500/mo
Monthly cash flow
-$233/mo
Cap rate
4.7%
Cash-on-cash
-10.0%
Max offer
$87,500

Offer ≤ $87,500 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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