For saleCondo
$224,900
10966 Quebec Ave S
Bloomington MN 55438
3 beds, 2 baths, 1,344 sqft
10966 Quebec Ave S is a 3 beds, 2 baths, 1,344 sqft condo home for sale at $224,900 in Bloomington MN 55438. At 20% down it rents for an estimated $2,150/mo and returns $154/mo a month at a 7.5% 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
- $2,150/mo
- Monthly cash flow
- $154/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.1%
- Max offer
- $206,500
Offer ≤ $206,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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