For saleCondo

$119,900

2733 Girard Ave S Apt 305

Minneapolis MN 55408

1 bed, 1 bath, 612 sqft

2733 Girard Ave S Apt 305 is a 1 bed, 1 bath, 612 sqft condo home for sale at $119,900 in Minneapolis MN 55408. At 20% down it rents for an estimated $1,300/mo and returns $149/mo a month at a 8.0% 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
$149/mo
Cap rate
8.0%
Cash-on-cash
7.5%
Max offer
$118,500

Offer ≤ $118,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.