For saleSingle family
$284,900
7208 Florida Ave N
Brooklyn Park MN 55428
3 beds, 1 bath, 1,056 sqft
7208 Florida Ave N is a 3 beds, 1 bath, 1,056 sqft single family home for sale at $284,900 in Brooklyn Park MN 55428. At 20% down it rents for an estimated $2,275/mo and returns $241/mo a month at a 7.7% 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
- $2,275/mo
- Monthly cash flow
- $241/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.1%
- Max offer
- $268,500
Offer ≤ $268,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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