For saleCondo

$185,000

11039 Oregon Cir

Bloomington MN 55438

2 beds, 2 baths, 954 sqft

11039 Oregon Cir is a 2 beds, 2 baths, 954 sqft condo home for sale at $185,000 in Bloomington MN 55438. At 20% down it rents for an estimated $2,050/mo and returns $334/mo a month at a 8.7% 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
$2,050/mo
Monthly cash flow
$334/mo
Cap rate
8.7%
Cash-on-cash
10.8%
Max offer
$185,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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