For saleSingle family
$375,000
7181 Colorado Ave N
Brooklyn Park MN 55429
4 beds, 2 baths, 1,776 sqft
7181 Colorado Ave N is a 4 beds, 2 baths, 1,776 sqft single family home for sale at $375,000 in Brooklyn Park MN 55429. At 20% down it rents for an estimated $2,575/mo and returns -$102/mo a month at a 6.3% 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
- $2,575/mo
- Monthly cash flow
- -$102/mo
- Cap rate
- 6.3%
- Cash-on-cash
- -1.6%
- Max offer
- $304,000
Offer ≤ $304,000 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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