For saleSingle family

$400,000

9213 Queens Gdns

Brooklyn Park MN 55443

3 beds, 2 baths, 1,762 sqft

9213 Queens Gdns is a 3 beds, 2 baths, 1,762 sqft single family home for sale at $400,000 in Brooklyn Park MN 55443. At 20% down it rents for an estimated $2,325/mo and returns -$531/mo a month at a 5.1% 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
-$531/mo
Cap rate
5.1%
Cash-on-cash
-8.0%
Max offer
$275,000

Offer ≤ $275,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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