For saleCondo

$98,000

2616 Harriet Ave Apt 110

Minneapolis MN 55408

1 bed, 1 bath

2616 Harriet Ave Apt 110 is a 1 bed, 1 bath condo home for sale at $98,000 in Minneapolis MN 55408. At 20% down it rents for an estimated $1,300/mo and returns $210/mo a month at a 9.1% 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
$1,300/mo
Monthly cash flow
$210/mo
Cap rate
9.1%
Cash-on-cash
12.8%
Max offer
$98,000

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

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