For saleCondo
$155,000
7401 W 101st St Apt 320
Bloomington MN 55438
1 bed, 1 bath, 690 sqft
7401 W 101st St Apt 320 is a 1 bed, 1 bath, 690 sqft condo home for sale at $155,000 in Bloomington MN 55438. At 20% down it rents for an estimated $1,625/mo and returns $188/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
- $1,625/mo
- Monthly cash flow
- $188/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.3%
- Max offer
- $152,500
Offer ≤ $152,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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