For saleCondo

$230,000

7477 W 110th St

Bloomington MN 55438

2 beds, 2 baths, 1,344 sqft

7477 W 110th St is a 2 beds, 2 baths, 1,344 sqft condo home for sale at $230,000 in Bloomington MN 55438. At 20% down it rents for an estimated $2,050/mo and returns $47/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
$2,050/mo
Monthly cash flow
$47/mo
Cap rate
6.8%
Cash-on-cash
1.2%
Max offer
$197,000

Offer ≤ $197,000 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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