For saleCondo

$99,900

1920 S 1st St Apt 1207

Minneapolis MN 55454

1 bed, 1 bath, 650 sqft

1920 S 1st St Apt 1207 is a 1 bed, 1 bath, 650 sqft condo home for sale at $99,900 in Minneapolis MN 55454. At 20% down it rents for an estimated $1,550/mo and returns $131/mo a month at a 8.1% 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
$1,550/mo
Monthly cash flow
$131/mo
Cap rate
8.1%
Cash-on-cash
7.9%
Max offer
$99,500

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

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