For saleSingle family

$79,900

116 Skyline Dr Unit 198

Vadnais Heights MN 55127

2 beds, 1 bath, 768 sqft

116 Skyline Dr Unit 198 is a 2 beds, 1 bath, 768 sqft single family home for sale at $79,900 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $2,000/mo and returns $1,430/mo a month at a 28.1% 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
$1,430/mo
Cap rate
28.1%
Cash-on-cash
107.4%
Max offer
$79,900

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

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