For saleCondo
$1,497,648
2825 W 44th St Unit 1
Minneapolis MN 55410
2 beds, 3 baths, 1,630 sqft
2825 W 44th St Unit 1 is a 2 beds, 3 baths, 1,630 sqft condo home for sale at $1,497,648 in Minneapolis MN 55410. At 20% down it rents for an estimated $1,550/mo and returns -$9,050/mo a month at a -0.6% 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
- $1,550/mo
- Monthly cash flow
- -$9,050/mo
- Cap rate
- -0.6%
- Cash-on-cash
- -36.3%
- Max offer
- $122,500
Offer ≤ $122,500 (92% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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