For saleTownhouse
$226,000
1531 American Blvd E Apt 106
Bloomington MN 55425
2 beds, 2 baths, 1,100 sqft
1531 American Blvd E Apt 106 is a 2 beds, 2 baths, 1,100 sqft townhouse home for sale at $226,000 in Bloomington MN 55425. At 20% down it rents for an estimated $1,650/mo and returns -$229/mo a month at a 5.5% 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
- $1,650/mo
- Monthly cash flow
- -$229/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -6.1%
- Max offer
- $160,000
Offer ≤ $160,000 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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