For saleMulti-family
$449,900
819 and 821 55th Ave N
Brooklyn Center MN 55430
6 beds, 4 baths, 3,226 sqft
819 and 821 55th Ave N is a 6 beds, 4 baths, 3,226 sqft multi-family home for sale at $449,900 in Brooklyn Center MN 55430. At 20% down it rents for an estimated $4,200/mo and returns $988/mo a month at a 9.3% 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
- $4,200/mo
- Monthly cash flow
- $988/mo
- Cap rate
- 9.3%
- Cash-on-cash
- 13.2%
- Max offer
- $449,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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