For saleCondo

$124,900

4397 Wilshire Blvd Unit 204

Mound MN 55364

2 beds, 1 bath, 979 sqft

4397 Wilshire Blvd Unit 204 is a 2 beds, 1 bath, 979 sqft condo home for sale at $124,900 in Mound MN 55364. At 20% down it rents for an estimated $1,850/mo and returns $267/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
$1,850/mo
Monthly cash flow
$267/mo
Cap rate
9.1%
Cash-on-cash
12.8%
Max offer
$124,900

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

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