For saleCondo
$160,000
19 S 1st St Apt B1904
Minneapolis MN 55401
1 bed, 1 bath, 710 sqft
19 S 1st St Apt B1904 is a 1 bed, 1 bath, 710 sqft condo home for sale at $160,000 in Minneapolis MN 55401. At 20% down it rents for an estimated $2,000/mo and returns $262/mo a month at a 8.5% 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
- $2,000/mo
- Monthly cash flow
- $262/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.8%
- Max offer
- $160,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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