For saleCondo
$79,900
4030 15th Ave S Unit 10C
Minneapolis MN 55407
1 bed, 1 bath, 642 sqft
4030 15th Ave S Unit 10C is a 1 bed, 1 bath, 642 sqft condo home for sale at $79,900 in Minneapolis MN 55407. At 20% down it rents for an estimated $1,225/mo and returns $288/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
- $1,225/mo
- Monthly cash flow
- $288/mo
- Cap rate
- 10.8%
- Cash-on-cash
- 21.6%
- Max offer
- $79,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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