For saleSingle family

$250,000

9030 Park Ave S

Bloomington MN 55420

5 beds, 3 baths, 1,664 sqft

9030 Park Ave S is a 5 beds, 3 baths, 1,664 sqft single family home for sale at $250,000 in Bloomington MN 55420. At 20% down it rents for an estimated $3,000/mo and returns $1,215/mo a month at a 12.5% 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
$3,000/mo
Monthly cash flow
$1,215/mo
Cap rate
12.5%
Cash-on-cash
29.2%
Max offer
$250,000

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

Loading