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 $1,725/mo and returns $151/mo a month at a 8.9% 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
$1,725/mo
Monthly cash flow
$151/mo
Cap rate
8.9%
Cash-on-cash
11.8%
Max offer
$76,900

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

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