For saleMulti-family
$499,000
9522 Pleasant Ave S
Bloomington MN 55420
4 beds, 2 baths, 1,550 sqft
9522 Pleasant Ave S is a 4 beds, 2 baths, 1,550 sqft multi-family home for sale at $499,000 in Bloomington MN 55420. At 20% down it rents for an estimated $3,300/mo and returns -$262/mo a month at a 6.0% 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
- $3,300/mo
- Monthly cash flow
- -$262/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.2%
- Max offer
- $390,000
Offer ≤ $390,000 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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