For saleSingle family
$460,000
8011 1st Ave S
Bloomington MN 55420
4 beds, 2.5 baths, 2,412 sqft
8011 1st Ave S is a 4 beds, 2.5 baths, 2,412 sqft single family home for sale at $460,000 in Bloomington MN 55420. At 20% down it rents for an estimated $2,575/mo and returns -$709/mo a month at a 4.8% 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
- -$709/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.2%
- Max offer
- $304,500
Offer ≤ $304,500 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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