For saleSingle family
$345,000
6306 Lee Ave N
Brooklyn Center MN 55429
4 beds, 2.5 baths, 1,793 sqft
6306 Lee Ave N is a 4 beds, 2.5 baths, 1,793 sqft single family home for sale at $345,000 in Brooklyn Center MN 55429. At 20% down it rents for an estimated $2,450/mo and returns $30/mo a month at a 6.6% 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
- $2,450/mo
- Monthly cash flow
- $30/mo
- Cap rate
- 6.6%
- Cash-on-cash
- 0.5%
- Max offer
- $293,500
Offer ≤ $293,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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