For saleCondo
$89,900
1800 Lasalle Ave Unit 101
Minneapolis MN 55403
2 beds, 1 bath, 725 sqft
1800 Lasalle Ave Unit 101 is a 2 beds, 1 bath, 725 sqft condo home for sale at $89,900 in Minneapolis MN 55403. At 20% down it rents for an estimated $1,500/mo and returns $382/mo a month at a 11.8% 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
- $1,500/mo
- Monthly cash flow
- $382/mo
- Cap rate
- 11.8%
- Cash-on-cash
- 25.5%
- Max offer
- $89,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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