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 $3,125/mo and returns $377/mo a month at a 7.8% 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
- $3,125/mo
- Monthly cash flow
- $377/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.9%
- Max offer
- $368,500
Offer ≤ $368,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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