For saleCondo
$229,900
15725 26th Ave N Apt C
Plymouth MN 55447
2 beds, 1 bath, 1,148 sqft
15725 26th Ave N Apt C is a 2 beds, 1 bath, 1,148 sqft condo home for sale at $229,900 in Plymouth MN 55447. At 20% down it rents for an estimated $1,950/mo and returns -$56/mo a month at a 6.4% 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
- $1,950/mo
- Monthly cash flow
- -$56/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.5%
- Max offer
- $185,000
Offer ≤ $185,000 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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