For saleCondo
$425,000
201 S 11th St Unit 430
Minneapolis MN 55403
2 beds, 2 baths, 1,441 sqft
201 S 11th St Unit 430 is a 2 beds, 2 baths, 1,441 sqft condo home for sale at $425,000 in Minneapolis MN 55403. At 20% down it rents for an estimated $1,700/mo and returns -$2,207/mo a month at a 0.4% 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
- $1,700/mo
- Monthly cash flow
- -$2,207/mo
- Cap rate
- 0.4%
- Cash-on-cash
- -31.2%
- Max offer
- $81,000
Offer ≤ $81,000 (81% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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