For saleCondo
$123,000
4512 Cedar Lake Rd S Apt 3
Saint Louis Park MN 55416
1 bed, 1 bath, 768 sqft
4512 Cedar Lake Rd S Apt 3 is a 1 bed, 1 bath, 768 sqft condo home for sale at $123,000 in Saint Louis Park MN 55416. At 20% down it rents for an estimated $1,300/mo and returns $33/mo a month at a 6.8% 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
- $33/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 1.6%
- Max offer
- $106,000
Offer ≤ $106,000 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.