For saleSingle family
$320,000
8116 June Ave N
Brooklyn Park MN 55443
3 beds, 2 baths, 1,781 sqft
8116 June Ave N is a 3 beds, 2 baths, 1,781 sqft single family home for sale at $320,000 in Brooklyn Park MN 55443. At 20% down it rents for an estimated $2,250/mo and returns -$34/mo a month at a 6.5% 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
- $2,250/mo
- Monthly cash flow
- -$34/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.6%
- Max offer
- $265,500
Offer ≤ $265,500 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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