For saleCondo

$69,000

7226 72nd Ln N Apt 211

Brooklyn Park MN 55428

2 beds, 1 bath, 800 sqft

7226 72nd Ln N Apt 211 is a 2 beds, 1 bath, 800 sqft condo home for sale at $69,000 in Brooklyn Park MN 55428. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

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NegotiableCondo72d on market

$69,000

7226 72nd Ln N Apt 211

Brooklyn Park MN 55428

2 beds1 bath800 sqft
99
Deal score
Est. rent
$1,425/mo
Cash flow
$453/mo
Cap rate
13.7%
Cash-on-cash
31.5%
Max offer
$69,000
Rental verdict

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

⚠ The $561/mo HOA dues eat 39% of the rent here — that's high, and dues usually only go up. Factor it hard before offering.

Pro forma

Cash flow
$453/mo
Cap rate
13.7%
Cash-on-cash
31.5%
DSCR
2.36
Down payment25.0% · $17,250
Interest rate6.69%
Monthly rent$1,425/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 $257/mo for management, vacancy, maintenance and CapEx) would put cash flow at $196/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$334
  • Property tax$69
  • Insurance$9
  • HOA$561
  • Total payment$972/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%)$17,250
  • Closing costs (~3%: title, lender, prepaid escrow)$2,070
  • Reserves (2 months of payments)$1,944
  • Total cash to close$21,264

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

Where it sits

7226 72nd Ln N Apt 211 in context — the streets, water and amenities around it.

Street View ↗

Property details

7226 72nd Ln N Apt 211 · Brooklyn Park MN 55428

Beds
2
Baths
1
Square feet
800
Price / sqft
$86
Home type
Condo
Days on market
72 days
HOA
$561/mo
Status
For Sale

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