For saleSingle family
$349,900
5216 Bloomington Ave
Minneapolis MN 55417
2 beds, 2 baths, 1,742 sqft
5216 Bloomington Ave is a 2 beds, 2 baths, 1,742 sqft single family home for sale at $349,900 in Minneapolis MN 55417. At 20% down it rents for an estimated $1,600/mo and returns -$898/mo a month at a 3.6% 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
- $1,600/mo
- Monthly cash flow
- -$898/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.4%
- Max offer
- $189,500
Offer ≤ $189,500 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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