For saleCondo
$200,000
1800 Clinton Ave Apt 407
Minneapolis MN 55404
1 bed, 1 bath, 833 sqft
1800 Clinton Ave Apt 407 is a 1 bed, 1 bath, 833 sqft condo home for sale at $200,000 in Minneapolis MN 55404. At 20% down it rents for an estimated $1,225/mo and returns -$628/mo a month at a 2.9% 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
- -$628/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.8%
- Max offer
- $89,000
Offer ≤ $89,000 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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