For saleCondo
$150,000
122 Demont Ave E Apt 258
Little Canada MN 55117
2 beds, 2 baths, 1,040 sqft
122 Demont Ave E Apt 258 is a 2 beds, 2 baths, 1,040 sqft condo home for sale at $150,000 in Little Canada MN 55117. At 20% down it rents for an estimated $1,275/mo and returns -$217/mo a month at a 4.9% 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
- $1,275/mo
- Monthly cash flow
- -$217/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -8.7%
- Max offer
- $98,000
Offer ≤ $98,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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