For saleSingle family
$425,000
6232 Decatur Ave N
Brooklyn Park MN 55428
6 beds, 3 baths, 2,524 sqft
6232 Decatur Ave N is a 6 beds, 3 baths, 2,524 sqft single family home for sale at $425,000 in Brooklyn Park MN 55428. At 20% down it rents for an estimated $3,475/mo and returns $494/mo a month at a 7.9% 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
- $3,475/mo
- Monthly cash flow
- $494/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 7.0%
- Max offer
- $416,000
Offer ≤ $416,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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