For saleSingle family
$799,900
1009 River Terrace Dr
Bloomington MN 55431
3 beds, 3 baths, 1,886 sqft
1009 River Terrace Dr is a 3 beds, 3 baths, 1,886 sqft single family home for sale at $799,900 in Bloomington MN 55431. At 20% down it rents for an estimated $2,250/mo and returns -$3,460/mo a month at a 1.5% 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
- $2,250/mo
- Monthly cash flow
- -$3,460/mo
- Cap rate
- 1.5%
- Cash-on-cash
- -26.0%
- Max offer
- $269,000
Offer ≤ $269,000 (66% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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