For saleCondo
$80,000
4201 Lakeside Ave N Apt 307
Brooklyn Center MN 55429
2 beds, 2 baths, 1,030 sqft
4201 Lakeside Ave N Apt 307 is a 2 beds, 2 baths, 1,030 sqft condo home for sale at $80,000 in Brooklyn Center MN 55429. At 20% down it rents for an estimated $1,400/mo and returns $311/mo a month at a 11.3% 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
- $1,400/mo
- Monthly cash flow
- $311/mo
- Cap rate
- 11.3%
- Cash-on-cash
- 23.3%
- Max offer
- $80,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading