For saleCondo
$179,900
52 Groveland Ter Unit A107
Minneapolis MN 55403
1 bed, 1 bath, 745 sqft
52 Groveland Ter Unit A107 is a 1 bed, 1 bath, 745 sqft condo home for sale at $179,900 in Minneapolis MN 55403. At 20% down it rents for an estimated $1,200/mo and returns -$851/mo a month at a 1.0% 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
- $1,200/mo
- Monthly cash flow
- -$851/mo
- Cap rate
- 1.0%
- Cash-on-cash
- -28.4%
- Max offer
- $44,500
Offer ≤ $44,500 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading