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.

Loading listing…

Fetching the market snapshot.