For saleSingle family
$775,000
2529 Condon Ct
Mendota Heights MN 55120
3 beds, 2.5 baths, 3,450 sqft
2529 Condon Ct is a 3 beds, 2.5 baths, 3,450 sqft single family home for sale at $775,000 in Mendota Heights MN 55120. At 20% down it rents for an estimated $2,150/mo and returns -$3,383/mo a month at a 1.4% 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
- $2,150/mo
- Monthly cash flow
- -$3,383/mo
- Cap rate
- 1.4%
- Cash-on-cash
- -26.2%
- Max offer
- $257,000
Offer ≤ $257,000 (67% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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