For saleCondo
$100,000
4029 14th Ave S Unit 15G
Minneapolis MN 55407
1 bed, 1 bath, 674 sqft
4029 14th Ave S Unit 15G is a 1 bed, 1 bath, 674 sqft condo home for sale at $100,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $1,225/mo and returns $74/mo a month at a 7.4% 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
- $1,225/mo
- Monthly cash flow
- $74/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 4.5%
- Max offer
- $92,500
Offer ≤ $92,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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