For saleCondo

$129,000

179 Little Canada Rd E Apt 139

Little Canada MN 55117

2 beds, 2 baths, 957 sqft

179 Little Canada Rd E Apt 139 is a 2 beds, 2 baths, 957 sqft condo home for sale at $129,000 in Little Canada MN 55117. At 20% down it rents for an estimated $1,550/mo and returns $305/mo a month at a 9.5% 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
$1,550/mo
Monthly cash flow
$305/mo
Cap rate
9.5%
Cash-on-cash
14.2%
Max offer
$129,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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