For saleSingle family
$350,000
8531 Aldrich Ave S
Bloomington MN 55420
4 beds, 1 bath, 1,611 sqft
8531 Aldrich Ave S is a 4 beds, 1 bath, 1,611 sqft single family home for sale at $350,000 in Bloomington MN 55420. At 20% down it rents for an estimated $2,675/mo and returns $176/mo a month at a 7.3% 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
- $2,675/mo
- Monthly cash flow
- $176/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.0%
- Max offer
- $315,500
Offer ≤ $315,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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