For saleSingle family
$420,000
6924 Scott Ave N
Brooklyn Center MN 55429
6 beds, 2 baths, 2,098 sqft
6924 Scott Ave N is a 6 beds, 2 baths, 2,098 sqft single family home for sale at $420,000 in Brooklyn Center MN 55429. At 20% down it rents for an estimated $3,125/mo and returns $127/mo a month at a 7.0% 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
- $3,125/mo
- Monthly cash flow
- $127/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 1.8%
- Max offer
- $369,000
Offer ≤ $369,000 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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