For saleCondo
$149,900
3128 W Bde Maka Ska Blvd Apt 415
Minneapolis MN 55416
1 bed, 1 bath, 610 sqft
3128 W Bde Maka Ska Blvd Apt 415 is a 1 bed, 1 bath, 610 sqft condo home for sale at $149,900 in Minneapolis MN 55416. At 20% down it rents for an estimated $2,000/mo and returns $432/mo a month at a 10.0% 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
- $432/mo
- Cap rate
- 10.0%
- Cash-on-cash
- 17.3%
- Max offer
- $149,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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