For saleSingle family

$292,000

6924 Drew Ave N

Brooklyn Center MN 55429

3 beds, 2 baths, 1,688 sqft

6924 Drew Ave N is a 3 beds, 2 baths, 1,688 sqft single family home for sale at $292,000 in Brooklyn Center MN 55429. At 20% down it rents for an estimated $2,075/mo and returns $27/mo a month at a 6.6% 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
$2,075/mo
Monthly cash flow
$27/mo
Cap rate
6.6%
Cash-on-cash
0.6%
Max offer
$248,500

Offer ≤ $248,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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