For saleCondo
$179,900
3800 85th Ave N Apt 220
Brooklyn Park MN 55443
1 bed, 1 bath, 954 sqft
3800 85th Ave N Apt 220 is a 1 bed, 1 bath, 954 sqft condo home for sale at $179,900 in Brooklyn Park MN 55443. At 20% down it rents for an estimated $1,175/mo and returns -$709/mo a month at a 1.9% 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
- $1,175/mo
- Monthly cash flow
- -$709/mo
- Cap rate
- 1.9%
- Cash-on-cash
- -23.6%
- Max offer
- $62,000
Offer ≤ $62,000 (66% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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