For saleCondo

$119,900

10630 Rockford Rd Apt 112

Plymouth MN 55442

2 beds, 1 bath, 900 sqft

10630 Rockford Rd Apt 112 is a 2 beds, 1 bath, 900 sqft condo home for sale at $119,900 in Plymouth MN 55442. At 20% down it rents for an estimated $2,100/mo and returns $760/mo a month at a 14.3% 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
$2,100/mo
Monthly cash flow
$760/mo
Cap rate
14.3%
Cash-on-cash
38.0%
Max offer
$119,900

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

Loading