For saleCondo
$385,000
2727 W 43rd St Apt 412
Minneapolis MN 55410
3 beds, 2 baths, 1,092 sqft
2727 W 43rd St Apt 412 is a 3 beds, 2 baths, 1,092 sqft condo home for sale at $385,000 in Minneapolis MN 55410. At 20% down it rents for an estimated $2,000/mo and returns -$1,672/mo a month at a 1.5% 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
- $2,000/mo
- Monthly cash flow
- -$1,672/mo
- Cap rate
- 1.5%
- Cash-on-cash
- -26.1%
- Max offer
- $114,000
Offer ≤ $114,000 (70% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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