For saleCondo
$195,000
19 S 1st St Apt B802
Minneapolis MN 55401
2 beds, 2 baths, 1,048 sqft
19 S 1st St Apt B802 is a 2 beds, 2 baths, 1,048 sqft condo home for sale at $195,000 in Minneapolis MN 55401. At 20% down it rents for an estimated $2,350/mo and returns $383/mo a month at a 8.9% 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
- $383/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.8%
- Max offer
- $195,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.