For saleCondo
$180,000
732 Parkside Dr Unit 732H
Vadnais Heights MN 55127
2 beds, 1 bath, 940 sqft
732 Parkside Dr Unit 732H is a 2 beds, 1 bath, 940 sqft condo home for sale at $180,000 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $2,000/mo and returns $478/mo a month at a 9.8% 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
- $2,000/mo
- Monthly cash flow
- $478/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 15.9%
- Max offer
- $180,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading