For saleCondo
$124,000
925 30th Ave S Apt 206
Minneapolis MN 55406
2 beds, 2 baths, 1,002 sqft
925 30th Ave S Apt 206 is a 2 beds, 2 baths, 1,002 sqft condo home for sale at $124,000 in Minneapolis MN 55406. At 20% down it rents for an estimated $1,600/mo and returns $252/mo a month at a 9.0% 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
- $1,600/mo
- Monthly cash flow
- $252/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 12.2%
- Max offer
- $124,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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