For saleCondo
$175,000
7401 W 101st St Apt 121
Bloomington MN 55438
2 beds, 1 bath, 920 sqft
7401 W 101st St Apt 121 is a 2 beds, 1 bath, 920 sqft condo home for sale at $175,000 in Bloomington MN 55438. At 20% down it rents for an estimated $1,900/mo and returns $207/mo a month at a 8.1% 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
- $207/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.1%
- Max offer
- $171,500
Offer ≤ $171,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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