For saleCondo
$118,000
10720 Rockford Rd Apt 208
Plymouth MN 55442
2 beds, 1 bath, 951 sqft
10720 Rockford Rd Apt 208 is a 2 beds, 1 bath, 951 sqft condo home for sale at $118,000 in Plymouth MN 55442. At 20% down it rents for an estimated $2,100/mo and returns $718/mo a month at a 14.0% 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
- $2,100/mo
- Monthly cash flow
- $718/mo
- Cap rate
- 14.0%
- Cash-on-cash
- 36.5%
- Max offer
- $118,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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