For saleCondo

$60,000

7104 72nd Ln N

Brooklyn Park MN 55428

1 bed, 1 bath, 633 sqft

7104 72nd Ln N is a 1 bed, 1 bath, 633 sqft condo home for sale at $60,000 in Brooklyn Park MN 55428. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

Back to home
Strong fitCondo135d on market

$60,000

7104 72nd Ln N

Brooklyn Park MN 55428

1 bed1 bath633 sqft
99
Deal score
Est. rent
$1,225/mo
Cash flow
$548/mo
Cap rate
16.8%
Cash-on-cash
43.9%
Max offer
$60,000
Rental verdict

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

⚠ The $319/mo HOA dues eat 26% of the rent here — that's high, and dues usually only go up. Factor it hard before offering.

Pro forma

Cash flow
$548/mo
Cap rate
16.8%
Cash-on-cash
43.9%
DSCR
2.89
Down payment25.0% · $15,000
Interest rate6.69%
Monthly rent$1,225/mo
Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (18% of rent, about $221/mo for management, vacancy, maintenance and CapEx) would put cash flow at $328/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$290
  • Property tax$60
  • Insurance$8
  • HOA$319
  • Total payment$677/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above. Insurance runs lighter here: the association’s dues cover the structure’s master policy and exterior upkeep.

Cash you'd need to close (est.)

  • Down payment (25.0%)$15,000
  • Closing costs (~3%: title, lender, prepaid escrow)$1,800
  • Reserves (2 months of payments)$1,353
  • Total cash to close$18,153

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

7104 72nd Ln N in context — the streets, water and amenities around it.

Street View ↗

Property details

7104 72nd Ln N · Brooklyn Park MN 55428

Beds
1
Baths
1
Square feet
633
Price / sqft
$95
Home type
Condo
Days on market
135 days
HOA
$319/mo
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.