For saleCondo
$209,900
10945 Quebec Ave S Unit 13
Bloomington MN 55438
2 beds, 2 baths, 960 sqft
10945 Quebec Ave S Unit 13 is a 2 beds, 2 baths, 960 sqft condo home for sale at $209,900 in Bloomington MN 55438. At 20% down it rents for an estimated $1,900/mo and returns $132/mo a month at a 7.4% 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
- $1,900/mo
- Monthly cash flow
- $132/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.8%
- Max offer
- $191,500
Offer ≤ $191,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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