For saleCondo

$100,000

2212 Aldrich Ave S Apt 106

Minneapolis MN 55405

1 bed, 1 bath, 568 sqft

2212 Aldrich Ave S Apt 106 is a 1 bed, 1 bath, 568 sqft condo home for sale at $100,000 in Minneapolis MN 55405. At 20% down it rents for an estimated $1,300/mo and returns $297/mo a month at a 10.1% 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
$297/mo
Cap rate
10.1%
Cash-on-cash
17.8%
Max offer
$100,000

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

Loading listing…

Fetching the market snapshot.