For saleCondo
$75,000
10113 W 34th St Apt 228
Hopkins MN 55305
2 beds, 1.5 baths, 1,010 sqft
10113 W 34th St Apt 228 is a 2 beds, 1.5 baths, 1,010 sqft condo home for sale at $75,000 in Hopkins MN 55305. At 20% down it rents for an estimated $1,575/mo and returns $213/mo a month at a 10.1% 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
- $1,575/mo
- Monthly cash flow
- $213/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.0%
- Max offer
- $75,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading