For saleSingle family
$360,000
3601 83rd Ave N
Brooklyn Park MN 55443
3 beds, 2 baths, 1,606 sqft
3601 83rd Ave N is a 3 beds, 2 baths, 1,606 sqft single family home for sale at $360,000 in Brooklyn Park MN 55443. At 20% down it rents for an estimated $2,250/mo and returns -$320/mo a month at a 5.6% 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
- $2,250/mo
- Monthly cash flow
- -$320/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.3%
- Max offer
- $266,000
Offer ≤ $266,000 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading