For saleCondo

$70,000

4400 36th Ave N Apt 318

Robbinsdale MN 55422

2 beds, 1 bath, 875 sqft

4400 36th Ave N Apt 318 is a 2 beds, 1 bath, 875 sqft condo home for sale at $70,000 in Robbinsdale MN 55422. At 20% down it rents for an estimated $1,800/mo and returns $256/mo a month at a 10.9% 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
$1,800/mo
Monthly cash flow
$256/mo
Cap rate
10.9%
Cash-on-cash
22.0%
Max offer
$70,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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