For saleSingle family
$315,000
7132 Bloomington Ave
Richfield MN 55423
3 beds, 1 bath, 2,112 sqft
7132 Bloomington Ave is a 3 beds, 1 bath, 2,112 sqft single family home for sale at $315,000 in Richfield MN 55423. At 20% down it rents for an estimated $2,525/mo and returns $316/mo a month at a 7.7% 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
- $2,525/mo
- Monthly cash flow
- $316/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 6.0%
- Max offer
- $302,500
Offer ≤ $302,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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