For saleCondo
$215,000
2407 39th Ave NE Unit 409
Saint Anthony MN 55421
1 bed, 1 bath, 840 sqft
2407 39th Ave NE Unit 409 is a 1 bed, 1 bath, 840 sqft condo home for sale at $215,000 in Saint Anthony MN 55421. At 20% down it rents for an estimated $1,225/mo and returns -$620/mo a month at a 3.2% 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
- $1,225/mo
- Monthly cash flow
- -$620/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.3%
- Max offer
- $102,500
Offer ≤ $102,500 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading