For saleCondo
$115,000
810 6th St S Apt 1
Hopkins MN 55343
2 beds, 1 bath, 840 sqft
810 6th St S Apt 1 is a 2 beds, 1 bath, 840 sqft condo home for sale at $115,000 in Hopkins MN 55343. At 20% down it rents for an estimated $1,450/mo and returns $255/mo a month at a 9.3% 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
- $1,450/mo
- Monthly cash flow
- $255/mo
- Cap rate
- 9.3%
- Cash-on-cash
- 13.3%
- Max offer
- $115,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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