For saleCondo
$180,000
10938 Quebec Ave S
Bloomington MN 55438
2 beds, 2 baths, 1,146 sqft
10938 Quebec Ave S is a 2 beds, 2 baths, 1,146 sqft condo home for sale at $180,000 in Bloomington MN 55438. At 20% down it rents for an estimated $1,900/mo and returns $285/mo a month at a 8.6% 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
- $1,900/mo
- Monthly cash flow
- $285/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.5%
- Max offer
- $180,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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