For saleTownhouse
$320,000
10203 Scarborough Rd
Bloomington MN 55437
3 beds, 2.5 baths, 1,632 sqft
10203 Scarborough Rd is a 3 beds, 2.5 baths, 1,632 sqft townhouse home for sale at $320,000 in Bloomington MN 55437. At 20% down it rents for an estimated $2,100/mo and returns -$585/mo a month at a 4.5% 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
- $2,100/mo
- Monthly cash flow
- -$585/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -11.0%
- Max offer
- $194,500
Offer ≤ $194,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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