For saleCondo
$74,900
431 S 7th St Apt 2635
Minneapolis MN 55415
1 bath, 441 sqft
431 S 7th St Apt 2635 is a 1 bath, 441 sqft condo home for sale at $74,900 in Minneapolis MN 55415. At 20% down it rents for an estimated $1,050/mo and returns $205/mo a month at a 9.9% 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
- $1,050/mo
- Monthly cash flow
- $205/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.4%
- Max offer
- $74,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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