For saleCondo
$55,000
7412 72nd Ln N Apt 318
Brooklyn Park MN 55428
1 bed, 1 bath, 610 sqft
7412 72nd Ln N Apt 318 is a 1 bed, 1 bath, 610 sqft condo home for sale at $55,000 in Brooklyn Park MN 55428. At 20% down it rents for an estimated $1,225/mo and returns $290/mo a month at a 13.0% 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
- $1,225/mo
- Monthly cash flow
- $290/mo
- Cap rate
- 13.0%
- Cash-on-cash
- 31.6%
- Max offer
- $55,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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