For saleSingle family
$615,000
8359 Amsden Ridge Dr
Bloomington MN 55438
4 beds, 2.5 baths, 3,368 sqft
8359 Amsden Ridge Dr is a 4 beds, 2.5 baths, 3,368 sqft single family home for sale at $615,000 in Bloomington MN 55438. At 20% down it rents for an estimated $3,250/mo and returns -$1,140/mo a month at a 4.4% 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
- $3,250/mo
- Monthly cash flow
- -$1,140/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.1%
- Max offer
- $385,000
Offer ≤ $385,000 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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