For saleSingle family

$240,000

5737 Northport Dr

Brooklyn Center MN 55429

3 beds, 2 baths, 1,680 sqft

5737 Northport Dr is a 3 beds, 2 baths, 1,680 sqft single family home for sale at $240,000 in Brooklyn Center MN 55429. At 20% down it rents for an estimated $2,200/mo and returns $487/mo a month at a 9.1% 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
$2,200/mo
Monthly cash flow
$487/mo
Cap rate
9.1%
Cash-on-cash
12.2%
Max offer
$240,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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