For saleCondo
$195,000
7302 W 110th St
Bloomington MN 55438
2 beds, 1 bath, 960 sqft
7302 W 110th St is a 2 beds, 1 bath, 960 sqft condo home for sale at $195,000 in Bloomington MN 55438. At 20% down it rents for an estimated $1,900/mo and returns $230/mo a month at a 8.1% 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
- $1,900/mo
- Monthly cash flow
- $230/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.1%
- Max offer
- $191,000
Offer ≤ $191,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading