For saleCondo
$114,900
8045 Xerxes Ave S Unit 110
Bloomington MN 55431
2 beds, 1 bath
8045 Xerxes Ave S Unit 110 is a 2 beds, 1 bath condo home for sale at $114,900 in Bloomington MN 55431. At 20% down it rents for an estimated $1,550/mo and returns $158/mo a month at a 8.3% 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
- $1,550/mo
- Monthly cash flow
- $158/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.3%
- Max offer
- $114,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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