For saleCondo
$104,900
2739 Girard Ave S Apt 101
Minneapolis MN 55408
1 bed, 1 bath, 612 sqft
2739 Girard Ave S Apt 101 is a 1 bed, 1 bath, 612 sqft condo home for sale at $104,900 in Minneapolis MN 55408. At 20% down it rents for an estimated $1,300/mo and returns $262/mo a month at a 9.5% 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
- $262/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 15.0%
- Max offer
- $104,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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