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 $1,700/mo and returns $147/mo a month at a 9.2% 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
- $1,700/mo
- Monthly cash flow
- $147/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.6%
- Max offer
- $70,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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