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 $134/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
- $134/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.7%
- Max offer
- $116,500
Offer ≤ $116,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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