For saleCondo

$125,000

3421 Kent St Apt 510

Shoreview MN 55126

2 beds, 2 baths, 1,932 sqft

3421 Kent St Apt 510 is a 2 beds, 2 baths, 1,932 sqft condo home for sale at $125,000 in Shoreview MN 55126. At 20% down it rents for an estimated $1,825/mo and returns $434/mo a month at a 10.8% 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
$1,825/mo
Monthly cash flow
$434/mo
Cap rate
10.8%
Cash-on-cash
20.8%
Max offer
$125,000

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

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