For saleSingle family
$344,900
8314 Stevens Ave S
Bloomington MN 55420
4 beds, 2 baths, 1,524 sqft
8314 Stevens Ave S is a 4 beds, 2 baths, 1,524 sqft single family home for sale at $344,900 in Bloomington MN 55420. At 20% down it rents for an estimated $2,575/mo and returns $113/mo a month at a 7.1% 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
- $2,575/mo
- Monthly cash flow
- $113/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.0%
- Max offer
- $304,000
Offer ≤ $304,000 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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