For saleSingle family

$385,000

6412 Indiana Ave N

Brooklyn Center MN 55429

6 beds, 2 baths, 2,422 sqft

6412 Indiana Ave N is a 6 beds, 2 baths, 2,422 sqft single family home for sale at $385,000 in Brooklyn Center MN 55429. At 20% down it rents for an estimated $3,025/mo and returns $325/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
$3,025/mo
Monthly cash flow
$325/mo
Cap rate
7.5%
Cash-on-cash
5.1%
Max offer
$362,000

Offer ≤ $362,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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