Is this a good investment in Bloomington, MN 55437?

[John K.]

I'm an out-of-state investor and analyze a ton of properties. Any thoughts from locals appreciated. Thanks!

https://www.redfin.com/MN/Bloo...

	Purchase price	$153,000
	Down payment	$38,250
	Rent	$1,649
	Mortgage/mo	$611
	Expenses/mo	$885
	Cash flow/mo	$153
	Property taxes	$133
	Insurance	$69
	HOA	$353
	Mgmt fee	$82	5.0%	Management fees (%)
	Vacancy	$132	8.0%	Vacancy (%)
	Repairs	$33	2.0%	Repairs and maintenance (%)
	CapEx	$33	2.0%	Capital expenditures (%)
	Electricity	$0	0.0%	Electricity (%)
	Water & sewer	$0	0.0%	Water and sewer (%)
	Garbage	$0	0.0%	Garbage (%)
	Other	$49	3.0%	Other monthly expenses %
	TOTAL/MO	$885
	Down payment %	25%
	Term in years	30
	Interest rate %	4.928%
	Metrics
	NOI	$9,170
	Cash on cash %	4.4%
	Closing costs	$3,825	2.5%	Closing cost (%)