For saleSingle family
$319,900
6943 Logan Ave N
Brooklyn Center MN 55430
4 beds, 2 baths, 1,750 sqft
6943 Logan Ave N is a 4 beds, 2 baths, 1,750 sqft single family home for sale at $319,900 in Brooklyn Center MN 55430. At 20% down it rents for an estimated $2,575/mo and returns $291/mo a month at a 7.8% 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
- $2,575/mo
- Monthly cash flow
- $291/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.5%
- Max offer
- $304,000
Offer ≤ $304,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading