For saleSingle family

$305,000

8211 Sheridan Ave N

Brooklyn Park MN 55444

3 beds, 1.5 baths, 1,176 sqft

8211 Sheridan Ave N is a 3 beds, 1.5 baths, 1,176 sqft single family home for sale at $305,000 in Brooklyn Park MN 55444. At 20% down it rents for an estimated $2,400/mo and returns $261/mo a month at a 7.5% 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
$2,400/mo
Monthly cash flow
$261/mo
Cap rate
7.5%
Cash-on-cash
5.1%
Max offer
$287,500

Offer ≤ $287,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.