For saleSingle family
$380,000
7024 Halifax Ave N
Brooklyn Center MN 55429
6 beds, 3 baths, 1,995 sqft
7024 Halifax Ave N is a 6 beds, 3 baths, 1,995 sqft single family home for sale at $380,000 in Brooklyn Center MN 55429. At 20% down it rents for an estimated $3,325/mo and returns $660/mo a month at a 8.6% 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
- $3,325/mo
- Monthly cash flow
- $660/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 10.4%
- Max offer
- $380,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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