For saleCondo
$125,000
19 S 1st St Apt B808
Minneapolis MN 55401
2 beds, 2 baths, 1,070 sqft
19 S 1st St Apt B808 is a 2 beds, 2 baths, 1,070 sqft condo home for sale at $125,000 in Minneapolis MN 55401. At 20% down it rents for an estimated $2,200/mo and returns $334/mo a month at a 9.9% 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
- $2,200/mo
- Monthly cash flow
- $334/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.0%
- Max offer
- $125,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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