For saleMulti-family
$393,000
7004 74 1/2 Ave N
Brooklyn Park MN 55428
5 beds, 2 baths, 2,148 sqft
7004 74 1/2 Ave N is a 5 beds, 2 baths, 2,148 sqft multi-family home for sale at $393,000 in Brooklyn Park MN 55428. At 20% down it rents for an estimated $4,650/mo and returns $1,844/mo a month at a 12.3% 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
- $4,650/mo
- Monthly cash flow
- $1,844/mo
- Cap rate
- 12.3%
- Cash-on-cash
- 28.2%
- Max offer
- $393,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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