For saleSingle family
$339,990
6706 Drew Ave N
Brooklyn Center MN 55429
4 beds, 2 baths, 2,300 sqft
6706 Drew Ave N is a 4 beds, 2 baths, 2,300 sqft single family home for sale at $339,990 in Brooklyn Center MN 55429. At 20% down it rents for an estimated $2,150/mo and returns -$277/mo a month at a 5.7% 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
- $2,150/mo
- Monthly cash flow
- -$277/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -4.9%
- Max offer
- $254,000
Offer ≤ $254,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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