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 $1,250/mo and returns $357/mo a month at a 12.8% 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
- $1,250/mo
- Monthly cash flow
- $357/mo
- Cap rate
- 12.8%
- Cash-on-cash
- 30.6%
- Max offer
- $69,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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