For saleSingle family
$275,000
9916 2nd Ave S
Bloomington MN 55420
2 beds, 1 bath, 1,048 sqft
9916 2nd Ave S is a 2 beds, 1 bath, 1,048 sqft single family home for sale at $275,000 in Bloomington MN 55420. At 20% down it rents for an estimated $2,000/mo and returns $71/mo a month at a 6.8% 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
- $2,000/mo
- Monthly cash flow
- $71/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 1.6%
- Max offer
- $239,500
Offer ≤ $239,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.