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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