For saleCondo
$145,000
4351 Parklawn Ave Unit 7E
Edina MN 55435
2 beds, 2 baths, 980 sqft
4351 Parklawn Ave Unit 7E is a 2 beds, 2 baths, 980 sqft condo home for sale at $145,000 in Edina MN 55435. At 20% down it rents for an estimated $2,150/mo and returns $537/mo a month at a 11.0% 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
- $537/mo
- Cap rate
- 11.0%
- Cash-on-cash
- 22.2%
- Max offer
- $145,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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