For saleCondo
$136,500
2200 Nevada Ave S Apt 321
Saint Louis Park MN 55426
2 beds, 2 baths, 1,145 sqft
2200 Nevada Ave S Apt 321 is a 2 beds, 2 baths, 1,145 sqft condo home for sale at $136,500 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $1,800/mo and returns $382/mo a month at a 10.0% 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
- $1,800/mo
- Monthly cash flow
- $382/mo
- Cap rate
- 10.0%
- Cash-on-cash
- 16.8%
- Max offer
- $136,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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