For saleSingle family
$369,000
9148 2nd Ave S
Bloomington MN 55420
4 beds, 2 baths, 1,563 sqft
9148 2nd Ave S is a 4 beds, 2 baths, 1,563 sqft single family home for sale at $369,000 in Bloomington MN 55420. At 20% down it rents for an estimated $2,875/mo and returns $287/mo a month at a 7.4% 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
- $2,875/mo
- Monthly cash flow
- $287/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 4.7%
- Max offer
- $344,500
Offer ≤ $344,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.