For saleCondo

$115,000

2365 Unity Ave N

Golden Valley MN 55422

2 beds, 1 bath, 860 sqft

2365 Unity Ave N is a 2 beds, 1 bath, 860 sqft condo home for sale at $115,000 in Golden Valley MN 55422. At 20% down it rents for an estimated $1,800/mo and returns $546/mo a month at a 12.2% 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
$1,800/mo
Monthly cash flow
$546/mo
Cap rate
12.2%
Cash-on-cash
28.5%
Max offer
$115,000

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

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