For saleSingle family
$379,900
6517 Edgewood Ave N
Brooklyn Park MN 55428
4 beds, 2 baths, 1,740 sqft
6517 Edgewood Ave N is a 4 beds, 2 baths, 1,740 sqft single family home for sale at $379,900 in Brooklyn Park MN 55428. At 20% down it rents for an estimated $2,250/mo and returns -$462/mo a month at a 5.2% 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
- $2,250/mo
- Monthly cash flow
- -$462/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.3%
- Max offer
- $266,000
Offer ≤ $266,000 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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