For saleSingle family
$239,900
6908 64th Ave N
Brooklyn Park MN 55428
2 beds, 2 baths, 912 sqft
6908 64th Ave N is a 2 beds, 2 baths, 912 sqft single family home for sale at $239,900 in Brooklyn Park MN 55428. At 20% down it rents for an estimated $1,800/mo and returns $117/mo a month at a 7.1% 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
- $1,800/mo
- Monthly cash flow
- $117/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.9%
- Max offer
- $215,500
Offer ≤ $215,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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