For saleSingle family
$425,000
8516 Rich Ave S
Bloomington MN 55437
4 beds, 2.5 baths, 1,726 sqft
8516 Rich Ave S is a 4 beds, 2.5 baths, 1,726 sqft single family home for sale at $425,000 in Bloomington MN 55437. At 20% down it rents for an estimated $3,250/mo and returns $216/mo a month at a 7.3% 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
- $3,250/mo
- Monthly cash flow
- $216/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.0%
- Max offer
- $383,500
Offer ≤ $383,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading