For saleSingle family
$349,900
9917 2nd Ave S
Bloomington MN 55420
4 beds, 3 baths, 1,323 sqft
9917 2nd Ave S is a 4 beds, 3 baths, 1,323 sqft single family home for sale at $349,900 in Bloomington MN 55420. At 20% down it rents for an estimated $2,575/mo and returns $77/mo a month at a 6.9% 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
- $2,575/mo
- Monthly cash flow
- $77/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.3%
- Max offer
- $304,000
Offer ≤ $304,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading