For saleSingle family
$339,000
6533 Bloomington Ave
Richfield MN 55423
4 beds, 1 bath, 1,387 sqft
6533 Bloomington Ave is a 4 beds, 1 bath, 1,387 sqft single family home for sale at $339,000 in Richfield MN 55423. At 20% down it rents for an estimated $2,750/mo and returns $330/mo a month at a 7.8% 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
- $2,750/mo
- Monthly cash flow
- $330/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.8%
- Max offer
- $324,500
Offer ≤ $324,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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