For saleCondo
$82,500
3232 Fremont Ave N Apt 109
Minneapolis MN 55412
2 beds, 1 bath, 1,044 sqft
3232 Fremont Ave N Apt 109 is a 2 beds, 1 bath, 1,044 sqft condo home for sale at $82,500 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,800/mo and returns $460/mo a month at a 13.4% 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
- $1,800/mo
- Monthly cash flow
- $460/mo
- Cap rate
- 13.4%
- Cash-on-cash
- 33.4%
- Max offer
- $82,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading