For saleCondo
$119,900
3340 Blaisdell Ave Apt 5
Minneapolis MN 55408
1 bed, 1 bath, 816 sqft
3340 Blaisdell Ave Apt 5 is a 1 bed, 1 bath, 816 sqft condo home for sale at $119,900 in Minneapolis MN 55408. At 20% down it rents for an estimated $1,300/mo and returns $164/mo a month at a 8.2% 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
- $1,300/mo
- Monthly cash flow
- $164/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 8.2%
- Max offer
- $119,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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