For saleCondo
$117,500
4029 14th Ave S Unit 1G
Minneapolis MN 55407
2 beds, 1 bath, 773 sqft
4029 14th Ave S Unit 1G is a 2 beds, 1 bath, 773 sqft condo home for sale at $117,500 in Minneapolis MN 55407. At 20% down it rents for an estimated $1,450/mo and returns $185/mo a month at a 8.6% 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
- $1,450/mo
- Monthly cash flow
- $185/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.4%
- Max offer
- $117,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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