For saleSingle family
$340,000
8730 Portland Ave S
Bloomington MN 55420
3 beds, 2 baths, 1,754 sqft
8730 Portland Ave S is a 3 beds, 2 baths, 1,754 sqft single family home for sale at $340,000 in Bloomington MN 55420. At 20% down it rents for an estimated $2,450/mo and returns $65/mo a month at a 6.7% 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
- $2,450/mo
- Monthly cash flow
- $65/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 1.2%
- Max offer
- $293,500
Offer ≤ $293,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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