For saleCondo
$124,900
3126 W Bde Maka Ska Blvd Apt 411
Minneapolis MN 55416
1 bed, 1 bath, 650 sqft
3126 W Bde Maka Ska Blvd Apt 411 is a 1 bed, 1 bath, 650 sqft condo home for sale at $124,900 in Minneapolis MN 55416. At 20% down it rents for an estimated $2,000/mo and returns $596/mo a month at a 12.2% 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
- $2,000/mo
- Monthly cash flow
- $596/mo
- Cap rate
- 12.2%
- Cash-on-cash
- 28.6%
- Max offer
- $124,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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