For saleTownhouse
$190,000
7304 Landau Dr
Bloomington MN 55438
2 beds, 1 bath, 968 sqft
7304 Landau Dr is a 2 beds, 1 bath, 968 sqft townhouse home for sale at $190,000 in Bloomington MN 55438. At 20% down it rents for an estimated $1,900/mo and returns $231/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
- $1,900/mo
- Monthly cash flow
- $231/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.3%
- Max offer
- $187,000
Offer ≤ $187,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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