For saleCondo

$84,900

2500 Blaisdell Ave Apt 211

Minneapolis MN 55404

2 beds, 1.5 baths, 842 sqft

2500 Blaisdell Ave Apt 211 is a 2 beds, 1.5 baths, 842 sqft condo home for sale at $84,900 in Minneapolis MN 55404. At 20% down it rents for an estimated $1,500/mo and returns $438/mo a month at a 12.7% 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
$1,500/mo
Monthly cash flow
$438/mo
Cap rate
12.7%
Cash-on-cash
31.0%
Max offer
$84,900

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

Loading listing…

Fetching the market snapshot.