For saleTownhouse

$159,500

2833 14th Ave S Unit 104

Minneapolis MN 55407

2 beds, 1.5 baths, 1,080 sqft

2833 14th Ave S Unit 104 is a 2 beds, 1.5 baths, 1,080 sqft townhouse home for sale at $159,500 in Minneapolis MN 55407. At 20% down it rents for an estimated $1,550/mo and returns $136/mo a month at a 7.5% 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
$136/mo
Cap rate
7.5%
Cash-on-cash
5.1%
Max offer
$149,500

Offer ≤ $149,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.