For saleCondo
$215,000
5440 Three Points Blvd Apt 523
Mound MN 55364
2 beds, 1 bath, 978 sqft
5440 Three Points Blvd Apt 523 is a 2 beds, 1 bath, 978 sqft condo home for sale at $215,000 in Mound MN 55364. At 20% down it rents for an estimated $1,600/mo and returns -$623/mo a month at a 3.2% 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
- $1,600/mo
- Monthly cash flow
- -$623/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.4%
- Max offer
- $102,000
Offer ≤ $102,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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