For saleSingle family
$285,000
8200 16th Ave S
Bloomington MN 55425
4 beds, 1.5 baths, 1,525 sqft
8200 16th Ave S is a 4 beds, 1.5 baths, 1,525 sqft single family home for sale at $285,000 in Bloomington MN 55425. At 20% down it rents for an estimated $2,575/mo and returns $540/mo a month at a 8.9% 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
- $540/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.4%
- Max offer
- $285,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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