For saleCondo
$89,900
4023 14th Ave S Unit 5A
Minneapolis MN 55407
1 bed, 1 bath, 659 sqft
4023 14th Ave S Unit 5A is a 1 bed, 1 bath, 659 sqft condo home for sale at $89,900 in Minneapolis MN 55407. At 20% down it rents for an estimated $1,300/mo and returns $273/mo a month at a 10.3% 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
- $1,300/mo
- Monthly cash flow
- $273/mo
- Cap rate
- 10.3%
- Cash-on-cash
- 18.2%
- Max offer
- $89,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading