For saleCondo
$174,900
333 8th St SE Apt 219
Minneapolis MN 55414
2 beds, 2 baths, 935 sqft
333 8th St SE Apt 219 is a 2 beds, 2 baths, 935 sqft condo home for sale at $174,900 in Minneapolis MN 55414. At 20% down it rents for an estimated $1,550/mo and returns -$376/mo a month at a 4.1% 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
- $1,550/mo
- Monthly cash flow
- -$376/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.9%
- Max offer
- $99,000
Offer ≤ $99,000 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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