For saleCondo
$109,900
2616 Harriet Ave Apt 104
Minneapolis MN 55408
2 beds, 1 bath, 785 sqft
2616 Harriet Ave Apt 104 is a 2 beds, 1 bath, 785 sqft condo home for sale at $109,900 in Minneapolis MN 55408. At 20% down it rents for an estimated $1,500/mo and returns $318/mo a month at a 10.1% 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
- $1,500/mo
- Monthly cash flow
- $318/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.4%
- Max offer
- $109,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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