For saleCondo
$129,900
175 County Road B2 E Apt 429
Little Canada MN 55117
2 beds, 2 baths, 925 sqft
175 County Road B2 E Apt 429 is a 2 beds, 2 baths, 925 sqft condo home for sale at $129,900 in Little Canada MN 55117. At 20% down it rents for an estimated $1,500/mo and returns $94/mo a month at a 7.5% 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
- $1,500/mo
- Monthly cash flow
- $94/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.4%
- Max offer
- $120,000
Offer ≤ $120,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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