For saleCondo
$169,900
10932 Quebec Ave S
Bloomington MN 55438
1 bed, 1 bath, 840 sqft
10932 Quebec Ave S is a 1 bed, 1 bath, 840 sqft condo home for sale at $169,900 in Bloomington MN 55438. At 20% down it rents for an estimated $1,500/mo and returns $53/mo a month at a 7.0% 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
- $1,500/mo
- Monthly cash flow
- $53/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 1.9%
- Max offer
- $148,000
Offer ≤ $148,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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