For saleSingle family
$410,000
8741 3rd Ave S
Bloomington MN 55420
5 beds, 3 baths, 1,884 sqft
8741 3rd Ave S is a 5 beds, 3 baths, 1,884 sqft single family home for sale at $410,000 in Bloomington MN 55420. At 20% down it rents for an estimated $3,025/mo and returns $149/mo a month at a 7.0% 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
- $3,025/mo
- Monthly cash flow
- $149/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 2.2%
- Max offer
- $362,500
Offer ≤ $362,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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