For saleCondo

$69,900

2500 Blaisdell Ave Apt 206

Minneapolis MN 55404

1 bed, 1 bath, 686 sqft

2500 Blaisdell Ave Apt 206 is a 1 bed, 1 bath, 686 sqft condo home for sale at $69,900 in Minneapolis MN 55404. At 20% down it rents for an estimated $1,300/mo and returns $416/mo a month at a 13.7% 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
$1,300/mo
Monthly cash flow
$416/mo
Cap rate
13.7%
Cash-on-cash
35.7%
Max offer
$69,900

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

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