For saleTownhouse
$1,692,000
101 Main St NE Ste 8
Minneapolis MN 55413
2 beds, 2.5 baths, 3,086 sqft
101 Main St NE Ste 8 is a 2 beds, 2.5 baths, 3,086 sqft townhouse home for sale at $1,692,000 in Minneapolis MN 55413. At 20% down it rents for an estimated $2,200/mo and returns -$9,263/mo a month at a 0.1% 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
- $2,200/mo
- Monthly cash flow
- -$9,263/mo
- Cap rate
- 0.1%
- Cash-on-cash
- -32.8%
- Max offer
- $261,500
Offer ≤ $261,500 (85% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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