For saleSingle family

$335,000

707 69th Ave N

Brooklyn Center MN 55430

4 beds, 2 baths, 2,266 sqft

707 69th Ave N is a 4 beds, 2 baths, 2,266 sqft single family home for sale at $335,000 in Brooklyn Center MN 55430. At 20% down it rents for an estimated $2,425/mo and returns $75/mo a month at a 6.8% 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
$2,425/mo
Monthly cash flow
$75/mo
Cap rate
6.8%
Cash-on-cash
1.4%
Max offer
$290,500

Offer ≤ $290,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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