For saleSingle family

$240,000

5309 James Ave N

Brooklyn Center MN 55430

3 beds, 1 bath, 1,240 sqft

5309 James Ave N is a 3 beds, 1 bath, 1,240 sqft single family home for sale at $240,000 in Brooklyn Center MN 55430. At 20% down it rents for an estimated $2,050/mo and returns $367/mo a month at a 8.3% 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
$2,050/mo
Monthly cash flow
$367/mo
Cap rate
8.3%
Cash-on-cash
9.2%
Max offer
$240,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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