For saleCondo
$95,000
4201 Lakeside Ave N Apt 113
Brooklyn Center MN 55429
1 bed, 1 bath, 650 sqft
4201 Lakeside Ave N Apt 113 is a 1 bed, 1 bath, 650 sqft condo home for sale at $95,000 in Brooklyn Center MN 55429. At 20% down it rents for an estimated $1,200/mo and returns $10/mo a month at a 6.8% 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
- $1,200/mo
- Monthly cash flow
- $10/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 0.7%
- Max offer
- $80,500
Offer ≤ $80,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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