For saleMulti-family
$389,900
3724 Bloomington Ave
Minneapolis MN 55407
8 beds, 3 baths, 3,600 sqft
3724 Bloomington Ave is a 8 beds, 3 baths, 3,600 sqft multi-family home for sale at $389,900 in Minneapolis MN 55407. At 20% down it rents for an estimated $4,000/mo and returns $1,265/mo a month at a 10.4% 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
- $4,000/mo
- Monthly cash flow
- $1,265/mo
- Cap rate
- 10.4%
- Cash-on-cash
- 19.5%
- Max offer
- $389,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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