For saleCondo
$76,900
1920 S 1st St Apt 1302
Minneapolis MN 55454
2 beds, 2 baths, 1,110 sqft
1920 S 1st St Apt 1302 is a 2 beds, 2 baths, 1,110 sqft condo home for sale at $76,900 in Minneapolis MN 55454. At 20% down it rents for an estimated $1,900/mo and returns $316/mo a month at a 11.6% 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
- $1,900/mo
- Monthly cash flow
- $316/mo
- Cap rate
- 11.6%
- Cash-on-cash
- 24.7%
- Max offer
- $76,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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