For saleTownhouse
$215,000
7539 62nd Ct N
Brooklyn Park MN 55428
3 beds, 2 baths, 1,360 sqft
7539 62nd Ct N is a 3 beds, 2 baths, 1,360 sqft townhouse home for sale at $215,000 in Brooklyn Park MN 55428. At 20% down it rents for an estimated $1,850/mo and returns $89/mo a month at a 7.2% 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
- $1,850/mo
- Monthly cash flow
- $89/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.5%
- Max offer
- $190,000
Offer ≤ $190,000 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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