For saleCondo

$145,000

3431 Kent St Apt 708

Shoreview MN 55126

2 beds, 1.5 baths, 968 sqft

3431 Kent St Apt 708 is a 2 beds, 1.5 baths, 968 sqft condo home for sale at $145,000 in Shoreview MN 55126. At 20% down it rents for an estimated $1,825/mo and returns $254/mo a month at a 8.8% 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
$254/mo
Cap rate
8.8%
Cash-on-cash
10.5%
Max offer
$145,000

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

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