For saleCondo

$39,900

7600 Golden Valley Rd Apt 600

Golden Valley MN 55427

1 bed, 1 bath, 669 sqft

7600 Golden Valley Rd Apt 600 is a 1 bed, 1 bath, 669 sqft condo home for sale at $39,900 in Golden Valley MN 55427. At 20% down it rents for an estimated $1,400/mo and returns $81/mo a month at a 9.1% 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
$1,400/mo
Monthly cash flow
$81/mo
Cap rate
9.1%
Cash-on-cash
12.2%
Max offer
$39,900

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

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