For saleMulti-family

$550,000

3308 84th Ave N

Brooklyn Park MN 55443

8 beds, 4 baths, 3,176 sqft

3308 84th Ave N is a 8 beds, 4 baths, 3,176 sqft multi-family home for sale at $550,000 in Brooklyn Park MN 55443. At 20% down it rents for an estimated $6,600/mo and returns $2,742/mo a month at a 12.5% 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
$6,600/mo
Monthly cash flow
$2,742/mo
Cap rate
12.5%
Cash-on-cash
29.9%
Max offer
$550,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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