For saleSingle family

$369,900

10717 Nord Ave S

Bloomington MN 55437

4 beds, 2 baths, 1,706 sqft

10717 Nord Ave S is a 4 beds, 2 baths, 1,706 sqft single family home for sale at $369,900 in Bloomington MN 55437. At 20% down it rents for an estimated $2,650/mo and returns $56/mo a month at a 6.7% 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
$2,650/mo
Monthly cash flow
$56/mo
Cap rate
6.7%
Cash-on-cash
0.9%
Max offer
$317,500

Offer ≤ $317,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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