For saleTownhouse
$159,000
1501 American Blvd E Apt 204
Bloomington MN 55425
2 beds, 1.5 baths, 860 sqft
1501 American Blvd E Apt 204 is a 2 beds, 1.5 baths, 860 sqft townhouse home for sale at $159,000 in Bloomington MN 55425. At 20% down it rents for an estimated $1,650/mo and returns $218/mo a month at a 8.3% 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
- $1,650/mo
- Monthly cash flow
- $218/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.2%
- Max offer
- $159,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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