For saleSingle family
$189,000
350 E 98th St
Bloomington MN 55420
3 beds, 2 baths, 1,236 sqft
350 E 98th St is a 3 beds, 2 baths, 1,236 sqft single family home for sale at $189,000 in Bloomington MN 55420. At 20% down it rents for an estimated $2,300/mo and returns $951/mo a month at a 12.7% 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
- $2,300/mo
- Monthly cash flow
- $951/mo
- Cap rate
- 12.7%
- Cash-on-cash
- 30.2%
- Max offer
- $189,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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