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 $2,975/mo and returns $29/mo a month at a 6.6% 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
- $2,975/mo
- Monthly cash flow
- $29/mo
- Cap rate
- 6.6%
- Cash-on-cash
- 0.4%
- Max offer
- $356,500
Offer ≤ $356,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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