For saleCondo
$129,900
4 Pine Tree Dr Apt 215
Arden Hills MN 55112
1 bed, 1 bath, 765 sqft
4 Pine Tree Dr Apt 215 is a 1 bed, 1 bath, 765 sqft condo home for sale at $129,900 in Arden Hills MN 55112. At 20% down it rents for an estimated $1,350/mo and returns -$32/mo a month at a 6.4% 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
- $1,350/mo
- Monthly cash flow
- -$32/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.5%
- Max offer
- $104,500
Offer ≤ $104,500 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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