For saleCondo
$138,500
4 Pine Tree Dr Apt 320
Arden Hills MN 55112
2 beds, 2 baths, 1,130 sqft
4 Pine Tree Dr Apt 320 is a 2 beds, 2 baths, 1,130 sqft condo home for sale at $138,500 in Arden Hills MN 55112. At 20% down it rents for an estimated $1,825/mo and returns $386/mo a month at a 10.0% 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
- $1,825/mo
- Monthly cash flow
- $386/mo
- Cap rate
- 10.0%
- Cash-on-cash
- 16.7%
- Max offer
- $138,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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