For saleCondo
$120,000
9141 Highway 55 Apt 203
Golden Valley MN 55427
2 beds, 1 bath, 800 sqft
9141 Highway 55 Apt 203 is a 2 beds, 1 bath, 800 sqft condo home for sale at $120,000 in Golden Valley MN 55427. At 20% down it rents for an estimated $1,650/mo and returns $389/mo a month at a 10.4% 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
- $1,650/mo
- Monthly cash flow
- $389/mo
- Cap rate
- 10.4%
- Cash-on-cash
- 19.5%
- Max offer
- $120,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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