For saleSingle family
$375,000
5510 James Ave N
Brooklyn Center MN 55430
5 beds, 2.5 baths, 3,024 sqft
5510 James Ave N is a 5 beds, 2.5 baths, 3,024 sqft single family home for sale at $375,000 in Brooklyn Center MN 55430. At 20% down it rents for an estimated $2,700/mo and returns $23/mo a month at a 6.7% 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
- $2,700/mo
- Monthly cash flow
- $23/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.4%
- Max offer
- $319,000
Offer ≤ $319,000 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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