For saleCondo
$175,000
7412 W 22nd St Apt 104
Saint Louis Park MN 55426
2 beds, 1 bath, 993 sqft
7412 W 22nd St Apt 104 is a 2 beds, 1 bath, 993 sqft condo home for sale at $175,000 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $1,725/mo and returns $100/mo a month at a 7.4% 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
- $1,725/mo
- Monthly cash flow
- $100/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.4%
- Max offer
- $158,000
Offer ≤ $158,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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