For saleCondo

$49,000

7600 Golden Valley Rd Apt 316

Golden Valley MN 55427

2 beds, 1 bath, 866 sqft

7600 Golden Valley Rd Apt 316 is a 2 beds, 1 bath, 866 sqft condo home for sale at $49,000 in Golden Valley MN 55427. At 20% down it rents for an estimated $1,600/mo and returns $209/mo a month at a 11.8% 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
$209/mo
Cap rate
11.8%
Cash-on-cash
25.6%
Max offer
$49,000

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

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