For saleCondo
$150,000
5140 W 102nd St Apt 304
Bloomington MN 55437
1 bed, 1 bath, 812 sqft
5140 W 102nd St Apt 304 is a 1 bed, 1 bath, 812 sqft condo home for sale at $150,000 in Bloomington MN 55437. At 20% down it rents for an estimated $1,675/mo and returns $162/mo a month at a 8.0% 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
- $1,675/mo
- Monthly cash flow
- $162/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.5%
- Max offer
- $145,000
Offer ≤ $145,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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