For saleSingle family
$400,000
7148 Morgan Ave N
Brooklyn Center MN 55430
6 beds, 4 baths, 3,091 sqft
7148 Morgan Ave N is a 6 beds, 4 baths, 3,091 sqft single family home for sale at $400,000 in Brooklyn Center MN 55430. At 20% down it rents for an estimated $3,275/mo and returns $419/mo a month at a 7.9% 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
- $3,275/mo
- Monthly cash flow
- $419/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.3%
- Max offer
- $386,500
Offer ≤ $386,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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