For saleCondo

$99,900

2739 Girard Ave S Apt 304

Minneapolis MN 55408

1 bed, 1 bath, 603 sqft

2739 Girard Ave S Apt 304 is a 1 bed, 1 bath, 603 sqft condo home for sale at $99,900 in Minneapolis MN 55408. At 20% down it rents for an estimated $1,300/mo and returns $283/mo a month at a 10.1% 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
$283/mo
Cap rate
10.1%
Cash-on-cash
17.0%
Max offer
$99,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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