For saleCondo

$750,000

2950 Dean Pkwy Apt 2103

Minneapolis MN 55416

3 beds, 3 baths, 2,175 sqft

2950 Dean Pkwy Apt 2103 is a 3 beds, 3 baths, 2,175 sqft condo home for sale at $750,000 in Minneapolis MN 55416. At 20% down it rents for an estimated $1,800/mo and returns -$5,626/mo a month at a -2.3% 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
$1,800/mo
Monthly cash flow
-$5,626/mo
Cap rate
-2.3%
Cash-on-cash
-45.0%

No price makes this work for a 1.2 DSCR and 8% cash-on-cash with your numbers. Pass or change your criteria.

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