For saleSingle family
$365,000
9218 Portland Ave S
Bloomington MN 55420
4 beds, 3 baths, 2,002 sqft
9218 Portland Ave S is a 4 beds, 3 baths, 2,002 sqft single family home for sale at $365,000 in Bloomington MN 55420. At 20% down it rents for an estimated $2,675/mo and returns $69/mo a month at a 6.9% 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
- $2,675/mo
- Monthly cash flow
- $69/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.1%
- Max offer
- $316,000
Offer ≤ $316,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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