For saleCondo
$300,000
1225 Lasalle Ave Apt 1503
Minneapolis MN 55403
2 beds, 2 baths, 1,521 sqft
1225 Lasalle Ave Apt 1503 is a 2 beds, 2 baths, 1,521 sqft condo home for sale at $300,000 in Minneapolis MN 55403. At 20% down it rents for an estimated $1,600/mo and returns -$2,159/mo a month at a -2.0% 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
- $1,600/mo
- Monthly cash flow
- -$2,159/mo
- Cap rate
- -2.0%
- Cash-on-cash
- -43.2%
No price makes this work for a 1.2 DSCR and 8% cash-on-cash with your numbers. Pass or change your criteria.
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