For saleSingle family
$129,900
316 Bankers Dr Unit 50
Vadnais Heights MN 55127
3 beds, 2 baths
316 Bankers Dr Unit 50 is a 3 beds, 2 baths single family home for sale at $129,900 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $2,000/mo and returns $1,089/mo a month at a 16.6% 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
- $1,089/mo
- Cap rate
- 16.6%
- Cash-on-cash
- 50.3%
- Max offer
- $129,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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