For saleCondo
$122,000
4207 Lakeside Ave N Apt 328
Brooklyn Center MN 55429
2 beds, 2 baths, 1,029 sqft
4207 Lakeside Ave N Apt 328 is a 2 beds, 2 baths, 1,029 sqft condo home for sale at $122,000 in Brooklyn Center MN 55429. At 20% down it rents for an estimated $1,500/mo and returns $48/mo a month at a 7.0% 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
- $1,500/mo
- Monthly cash flow
- $48/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 2.4%
- Max offer
- $107,500
Offer ≤ $107,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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