For saleSingle family
$299,900
5301 Penn Ave N
Brooklyn Center MN 55430
3 beds, 2 baths, 1,478 sqft
5301 Penn Ave N is a 3 beds, 2 baths, 1,478 sqft single family home for sale at $299,900 in Brooklyn Center MN 55430. At 20% down it rents for an estimated $2,050/mo and returns -$91/mo a month at a 6.3% 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
- $2,050/mo
- Monthly cash flow
- -$91/mo
- Cap rate
- 6.3%
- Cash-on-cash
- -1.8%
- Max offer
- $242,000
Offer ≤ $242,000 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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