For saleCondo
$1,249,000
201 S 11th St Unit 2100
Minneapolis MN 55403
3 beds, 3 baths, 3,216 sqft
201 S 11th St Unit 2100 is a 3 beds, 3 baths, 3,216 sqft condo home for sale at $1,249,000 in Minneapolis MN 55403. At 20% down it rents for an estimated $2,100/mo and returns -$6,494/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
- $2,100/mo
- Monthly cash flow
- -$6,494/mo
- Cap rate
- 0.4%
- Cash-on-cash
- -31.2%
- Max offer
- $237,000
Offer ≤ $237,000 (81% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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