For saleCondo
$125,500
175 County Road B2 E Apt 203
Little Canada MN 55117
2 beds, 1 bath, 1,040 sqft
175 County Road B2 E Apt 203 is a 2 beds, 1 bath, 1,040 sqft condo home for sale at $125,500 in Little Canada MN 55117. At 20% down it rents for an estimated $1,500/mo and returns $90/mo a month at a 7.5% 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
- $1,500/mo
- Monthly cash flow
- $90/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.3%
- Max offer
- $115,500
Offer ≤ $115,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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