For saleCondo
$157,500
3917 Heritage Hills Dr Apt 102
Bloomington MN 55437
2 beds, 2 baths, 1,050 sqft
3917 Heritage Hills Dr Apt 102 is a 2 beds, 2 baths, 1,050 sqft condo home for sale at $157,500 in Bloomington MN 55437. At 20% down it rents for an estimated $1,650/mo and returns $139/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
- $1,650/mo
- Monthly cash flow
- $139/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.3%
- Max offer
- $148,500
Offer ≤ $148,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading