For saleCondo

$94,900

2446 Aldrich Ave S Apt 108

Minneapolis MN 55405

1 bed, 1 bath, 551 sqft

2446 Aldrich Ave S Apt 108 is a 1 bed, 1 bath, 551 sqft condo home for sale at $94,900 in Minneapolis MN 55405. At 20% down it rents for an estimated $1,300/mo and returns $338/mo a month at a 10.8% 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
$1,300/mo
Monthly cash flow
$338/mo
Cap rate
10.8%
Cash-on-cash
21.4%
Max offer
$94,900

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

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