For saleCondo
$55,000
7600 Golden Valley Rd Apt 805
Golden Valley MN 55427
2 beds, 1 bath, 866 sqft
7600 Golden Valley Rd Apt 805 is a 2 beds, 1 bath, 866 sqft condo home for sale at $55,000 in Golden Valley MN 55427. At 20% down it rents for an estimated $1,600/mo and returns $169/mo a month at a 10.3% 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
- $1,600/mo
- Monthly cash flow
- $169/mo
- Cap rate
- 10.3%
- Cash-on-cash
- 18.4%
- Max offer
- $55,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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