For saleCondo
$174,900
121 Washington Ave S Apt 707
Minneapolis MN 55401
1 bed, 1 bath, 771 sqft
121 Washington Ave S Apt 707 is a 1 bed, 1 bath, 771 sqft condo home for sale at $174,900 in Minneapolis MN 55401. At 20% down it rents for an estimated $2,000/mo and returns $164/mo a month at a 7.6% 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
- $164/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 5.6%
- Max offer
- $166,000
Offer ≤ $166,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.