For saleSingle family

$388,500

9038 Loch Lomond Blvd

Brooklyn Park MN 55443

3 beds, 3 baths, 2,484 sqft

9038 Loch Lomond Blvd is a 3 beds, 3 baths, 2,484 sqft single family home for sale at $388,500 in Brooklyn Park MN 55443. At 20% down it rents for an estimated $2,325/mo and returns -$448/mo a month at a 5.3% 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
$2,325/mo
Monthly cash flow
-$448/mo
Cap rate
5.3%
Cash-on-cash
-6.9%
Max offer
$275,000

Offer ≤ $275,000 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading