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 $1,800/mo and returns $169/mo a month at a 8.1% 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
- $1,800/mo
- Monthly cash flow
- $169/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.0%
- Max offer
- $142,000
Offer ≤ $142,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading