For saleCondo
$169,900
19 S 1st St Apt B202
Minneapolis MN 55401
2 beds, 2 baths, 1,086 sqft
19 S 1st St Apt B202 is a 2 beds, 2 baths, 1,086 sqft condo home for sale at $169,900 in Minneapolis MN 55401. At 20% down it rents for an estimated $2,200/mo and returns $376/mo a month at a 9.3% 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
- $376/mo
- Cap rate
- 9.3%
- Cash-on-cash
- 13.3%
- Max offer
- $169,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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