For saleTownhouse

$110,000

1531 American Blvd E Apt 101

Bloomington MN 55425

1 bed, 1.5 baths, 640 sqft

1531 American Blvd E Apt 101 is a 1 bed, 1.5 baths, 640 sqft townhouse home for sale at $110,000 in Bloomington MN 55425. At 20% down it rents for an estimated $1,450/mo and returns $421/mo a month at a 11.3% 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
$1,450/mo
Monthly cash flow
$421/mo
Cap rate
11.3%
Cash-on-cash
23.0%
Max offer
$110,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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