For saleSingle family

$325,000

8817 Oakland Ave S

Bloomington MN 55420

3 beds, 1 bath, 1,326 sqft

8817 Oakland Ave S is a 3 beds, 1 bath, 1,326 sqft single family home for sale at $325,000 in Bloomington MN 55420. At 20% down it rents for an estimated $2,450/mo and returns $171/mo a month at a 7.1% 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
$2,450/mo
Monthly cash flow
$171/mo
Cap rate
7.1%
Cash-on-cash
3.1%
Max offer
$293,500

Offer ≤ $293,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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