For saleCondo
$99,900
1900 Stevens Ave Apt 31
Minneapolis MN 55403
1 bed, 1 bath, 612 sqft
1900 Stevens Ave Apt 31 is a 1 bed, 1 bath, 612 sqft condo home for sale at $99,900 in Minneapolis MN 55403. At 20% down it rents for an estimated $1,200/mo and returns $172/mo a month at a 8.6% 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
- $1,200/mo
- Monthly cash flow
- $172/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 10.3%
- Max offer
- $99,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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