For saleCondo
$160,000
2677 Brookdale Ln Unit 2677
Brooklyn Park MN 55444
2 beds, 1 bath, 924 sqft
2677 Brookdale Ln Unit 2677 is a 2 beds, 1 bath, 924 sqft condo home for sale at $160,000 in Brooklyn Park MN 55444. At 20% down it rents for an estimated $1,300/mo and returns -$87/mo a month at a 6.0% 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
- $1,300/mo
- Monthly cash flow
- -$87/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.3%
- Max offer
- $122,500
Offer ≤ $122,500 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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