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 $1,900/mo and returns $161/mo a month at a 7.7% 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
- $1,900/mo
- Monthly cash flow
- $161/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.2%
- Max offer
- $174,000
Offer ≤ $174,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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