For saleCondo

$139,000

2495 Canabury Dr Apt 334

Little Canada MN 55117

3 beds, 2 baths, 1,382 sqft

2495 Canabury Dr Apt 334 is a 3 beds, 2 baths, 1,382 sqft condo home for sale at $139,000 in Little Canada MN 55117. At 20% down it rents for an estimated $2,000/mo and returns $299/mo a month at a 9.1% 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
$2,000/mo
Monthly cash flow
$299/mo
Cap rate
9.1%
Cash-on-cash
12.9%
Max offer
$139,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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