For saleCondo
$144,900
3522 Harriet Ave Apt 106
Minneapolis MN 55408
2 beds, 1 bath, 778 sqft
3522 Harriet Ave Apt 106 is a 2 beds, 1 bath, 778 sqft condo home for sale at $144,900 in Minneapolis MN 55408. At 20% down it rents for an estimated $1,500/mo and returns $111/mo a month at a 7.6% 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
- $1,500/mo
- Monthly cash flow
- $111/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.6%
- Max offer
- $134,500
Offer ≤ $134,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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