For saleCondo

$110,000

917 11th Ave S Apt 2

Hopkins MN 55343

1 bed, 1 bath, 660 sqft

917 11th Ave S Apt 2 is a 1 bed, 1 bath, 660 sqft condo home for sale at $110,000 in Hopkins MN 55343. At 20% down it rents for an estimated $1,300/mo and returns $152/mo a month at a 8.2% 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
$1,300/mo
Monthly cash flow
$152/mo
Cap rate
8.2%
Cash-on-cash
8.3%
Max offer
$110,000

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

Loading listing…

Fetching the market snapshot.