For saleCondo
$178,900
5645 Green Circle Dr Apt 305
Hopkins MN 55343
2 beds, 2 baths, 1,058 sqft
5645 Green Circle Dr Apt 305 is a 2 beds, 2 baths, 1,058 sqft condo home for sale at $178,900 in Hopkins MN 55343. At 20% down it rents for an estimated $1,600/mo and returns $31/mo a month at a 6.7% 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
- $1,600/mo
- Monthly cash flow
- $31/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 1.0%
- Max offer
- $152,500
Offer ≤ $152,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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