For saleCondo
$139,900
3295 80th St E Apt 501
Inver Grove Heights MN 55076
2 beds, 2 baths, 1,190 sqft
3295 80th St E Apt 501 is a 2 beds, 2 baths, 1,190 sqft condo home for sale at $139,900 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $1,525/mo and returns $290/mo a month at a 9.2% 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
- $1,525/mo
- Monthly cash flow
- $290/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.5%
- Max offer
- $139,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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