For saleCondo
$129,900
4351 Parklawn Ave Unit 205E
Edina MN 55435
1 bed, 1 bath, 754 sqft
4351 Parklawn Ave Unit 205E is a 1 bed, 1 bath, 754 sqft condo home for sale at $129,900 in Edina MN 55435. At 20% down it rents for an estimated $1,575/mo and returns $255/mo a month at a 9.0% 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
- $1,575/mo
- Monthly cash flow
- $255/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.8%
- Max offer
- $129,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading