For saleSingle family
$299,900
8207 3rd Ave S
Bloomington MN 55420
2 beds, 1 bath, 1,020 sqft
8207 3rd Ave S is a 2 beds, 1 bath, 1,020 sqft single family home for sale at $299,900 in Bloomington MN 55420. At 20% down it rents for an estimated $1,400/mo and returns -$741/mo a month at a 3.7% 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
- $1,400/mo
- Monthly cash flow
- -$741/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.8%
- Max offer
- $166,000
Offer ≤ $166,000 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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