For saleSingle family
$535,000
6427 Tessman Ter N
Brooklyn Park MN 55445
3 beds, 2.5 baths, 2,898 sqft
6427 Tessman Ter N is a 3 beds, 2.5 baths, 2,898 sqft single family home for sale at $535,000 in Brooklyn Park MN 55445. At 20% down it rents for an estimated $1,850/mo and returns -$1,969/mo a month at a 2.2% 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
- $1,850/mo
- Monthly cash flow
- -$1,969/mo
- Cap rate
- 2.2%
- Cash-on-cash
- -22.1%
- Max offer
- $220,000
Offer ≤ $220,000 (59% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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