For saleCondo

$79,900

7300 72nd Ln N

Brooklyn Park MN 55428

2 beds, 1 bath, 812 sqft

7300 72nd Ln N is a 2 beds, 1 bath, 812 sqft condo home for sale at $79,900 in Brooklyn Park MN 55428. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

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NegotiableCondo99d on market

$79,900

7300 72nd Ln N

Brooklyn Park MN 55428

2 beds1 bath812 sqft
99
Deal score
Est. rent
$1,425/mo
Cash flow
$379/mo
Cap rate
11.5%
Cash-on-cash
22.8%
Max offer
$79,900
Rental verdict

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

⚠ The $570/mo HOA dues eat 40% of the rent here — that's high, and dues usually only go up. Factor it hard before offering.

Pro forma

Cash flow
$379/mo
Cap rate
11.5%
Cash-on-cash
22.8%
DSCR
1.98
Down payment25.0% · $19,975
Interest rate6.69%
Monthly rent$1,425/mo
Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (18% of rent, about $257/mo for management, vacancy, maintenance and CapEx) would put cash flow at $122/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$386
  • Property tax$80
  • Insurance$10
  • HOA$570
  • Total payment$1,046/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above. Insurance runs lighter here: the association’s dues cover the structure’s master policy and exterior upkeep.

Cash you'd need to close (est.)

  • Down payment (25.0%)$19,975
  • Closing costs (~3%: title, lender, prepaid escrow)$2,397
  • Reserves (2 months of payments)$2,092
  • Total cash to close$24,464

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

7300 72nd Ln N in context — the streets, water and amenities around it.

Street View ↗

Property details

7300 72nd Ln N · Brooklyn Park MN 55428

Beds
2
Baths
1
Square feet
812
Price / sqft
$98
Home type
Condo
Days on market
99 days
HOA
$570/mo
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.