For saleTownhouse
$300,000
4527 Bloomberg Ln
Inver Grove Heights MN 55076
3 beds, 3 baths, 2,054 sqft
4527 Bloomberg Ln is a 3 beds, 3 baths, 2,054 sqft townhouse home for sale at $300,000 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $2,100/mo and returns -$314/mo a month at a 5.4% 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
- $2,100/mo
- Monthly cash flow
- -$314/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.3%
- Max offer
- $211,500
Offer ≤ $211,500 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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