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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