For saleCondo
$118,000
4407 Wilshire Blvd Unit 309
Mound MN 55364
1 bed, 1 bath, 644 sqft
4407 Wilshire Blvd Unit 309 is a 1 bed, 1 bath, 644 sqft condo home for sale at $118,000 in Mound MN 55364. At 20% down it rents for an estimated $1,400/mo and returns $72/mo a month at a 7.4% 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
- $72/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.6%
- Max offer
- $107,000
Offer ≤ $107,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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