For saleSingle family
$275,000
10054 Nicollet Ave S
Bloomington MN 55420
3 beds, 1 bath, 1,380 sqft
10054 Nicollet Ave S is a 3 beds, 1 bath, 1,380 sqft single family home for sale at $275,000 in Bloomington MN 55420. At 20% down it rents for an estimated $2,300/mo and returns $337/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
- $2,300/mo
- Monthly cash flow
- $337/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.3%
- Max offer
- $271,500
Offer ≤ $271,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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