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 $2,350/mo and returns $547/mo a month at a 10.4% 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
$2,350/mo
Monthly cash flow
$547/mo
Cap rate
10.4%
Cash-on-cash
19.3%
Max offer
$169,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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