For saleSingle family
$475,000
10408 Colorado Rd
Bloomington MN 55438
4 beds, 3 baths, 2,400 sqft
10408 Colorado Rd is a 4 beds, 3 baths, 2,400 sqft single family home for sale at $475,000 in Bloomington MN 55438. At 20% down it rents for an estimated $2,600/mo and returns -$791/mo a month at a 4.7% 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
- $2,600/mo
- Monthly cash flow
- -$791/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -10.0%
- Max offer
- $308,000
Offer ≤ $308,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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