For saleCondo

$155,000

2601 Kenzie Ter Apt 230

Saint Anthony MN 55418

2 beds, 2 baths, 1,107 sqft

2601 Kenzie Ter Apt 230 is a 2 beds, 2 baths, 1,107 sqft condo home for sale at $155,000 in Saint Anthony MN 55418. At 20% down it rents for an estimated $1,500/mo and returns -$320/mo a month at a 4.2% 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
-$320/mo
Cap rate
4.2%
Cash-on-cash
-12.4%
Max offer
$89,500

Offer ≤ $89,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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