For saleSingle family

$399,900

8418 Kell Ave S

Bloomington MN 55437

4 beds, 2 baths, 2,074 sqft

8418 Kell Ave S is a 4 beds, 2 baths, 2,074 sqft single family home for sale at $399,900 in Bloomington MN 55437. At 20% down it rents for an estimated $3,250/mo and returns $395/mo a month at a 7.9% 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
$3,250/mo
Monthly cash flow
$395/mo
Cap rate
7.9%
Cash-on-cash
5.9%
Max offer
$383,500

Offer ≤ $383,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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