For saleSingle family
$389,750
9913 2nd Ave S
Bloomington MN 55420
3 beds, 1 bath, 1,626 sqft
9913 2nd Ave S is a 3 beds, 1 bath, 1,626 sqft single family home for sale at $389,750 in Bloomington MN 55420. At 20% down it rents for an estimated $2,275/mo and returns -$507/mo a month at a 5.1% 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
- $2,275/mo
- Monthly cash flow
- -$507/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.8%
- Max offer
- $269,000
Offer ≤ $269,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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