For saleCondo
$109,900
605 S 9th St Apt 6
Minneapolis MN 55404
1 bed, 1 bath, 688 sqft
605 S 9th St Apt 6 is a 1 bed, 1 bath, 688 sqft condo home for sale at $109,900 in Minneapolis MN 55404. At 20% down it rents for an estimated $1,400/mo and returns $355/mo a month at a 10.4% 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
- $1,400/mo
- Monthly cash flow
- $355/mo
- Cap rate
- 10.4%
- Cash-on-cash
- 19.4%
- Max offer
- $109,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.