For saleCondo
$98,000
2536 Dupont Ave S Apt 101
Minneapolis MN 55405
1 bath, 378 sqft
2536 Dupont Ave S Apt 101 is a 1 bath, 378 sqft condo home for sale at $98,000 in Minneapolis MN 55405. At 20% down it rents for an estimated $1,075/mo and returns $65/mo a month at a 7.5% 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
- $1,075/mo
- Monthly cash flow
- $65/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.0%
- Max offer
- $89,500
Offer ≤ $89,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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