For saleSingle family

$345,000

7018 James Ave N

Brooklyn Center MN 55430

5 beds, 2.5 baths, 2,058 sqft

7018 James Ave N is a 5 beds, 2.5 baths, 2,058 sqft single family home for sale at $345,000 in Brooklyn Center MN 55430. At 20% down it rents for an estimated $3,050/mo and returns $630/mo a month at a 8.7% 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
$3,050/mo
Monthly cash flow
$630/mo
Cap rate
8.7%
Cash-on-cash
11.0%
Max offer
$345,000

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

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