For saleCondo

$159,900

433 S 7th St Apt 2113

Minneapolis MN 55415

2 beds, 2 baths, 915 sqft

433 S 7th St Apt 2113 is a 2 beds, 2 baths, 915 sqft condo home for sale at $159,900 in Minneapolis MN 55415. At 20% down it rents for an estimated $2,075/mo and returns $82/mo a month at a 7.1% 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
$2,075/mo
Monthly cash flow
$82/mo
Cap rate
7.1%
Cash-on-cash
3.1%
Max offer
$143,000

Offer ≤ $143,000 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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