For saleCondo
$169,900
2530 E 34th St Apt 212
Minneapolis MN 55406
1 bed, 1 bath, 1,026 sqft
2530 E 34th St Apt 212 is a 1 bed, 1 bath, 1,026 sqft condo home for sale at $169,900 in Minneapolis MN 55406. At 20% down it rents for an estimated $1,200/mo and returns -$422/mo a month at a 3.7% 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
- $1,200/mo
- Monthly cash flow
- -$422/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.9%
- Max offer
- $89,500
Offer ≤ $89,500 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading