For saleTownhouse
$199,900
2531 Unity Ave N Unit 253
Golden Valley MN 55422
3 beds, 2 baths, 1,159 sqft
2531 Unity Ave N Unit 253 is a 3 beds, 2 baths, 1,159 sqft townhouse home for sale at $199,900 in Golden Valley MN 55422. At 20% down it rents for an estimated $2,000/mo and returns $215/mo a month at a 8.0% 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
- $2,000/mo
- Monthly cash flow
- $215/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.4%
- Max offer
- $193,000
Offer ≤ $193,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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