For saleCondo
$192,500
14843 Endicott Way Apt 209
Apple Valley MN 55124
2 beds, 1 bath, 867 sqft
14843 Endicott Way Apt 209 is a 2 beds, 1 bath, 867 sqft condo home for sale at $192,500 in Apple Valley MN 55124. At 20% down it rents for an estimated $1,925/mo and returns $192/mo a month at a 7.9% 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
- $1,925/mo
- Monthly cash flow
- $192/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.0%
- Max offer
- $184,000
Offer ≤ $184,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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