For saleCondo

$102,500

9147 Highway 55 Apt 103

Golden Valley MN 55427

2 beds, 1 bath, 772 sqft

9147 Highway 55 Apt 103 is a 2 beds, 1 bath, 772 sqft condo home for sale at $102,500 in Golden Valley MN 55427. At 20% down it rents for an estimated $1,675/mo and returns $542/mo a month at a 13.0% 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
$1,675/mo
Monthly cash flow
$542/mo
Cap rate
13.0%
Cash-on-cash
31.7%
Max offer
$102,500

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

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