For saleSingle family

$399,900

6624 Edgemont Blvd N

Brooklyn Park MN 55428

3 beds, 3 baths, 2,073 sqft

6624 Edgemont Blvd N is a 3 beds, 3 baths, 2,073 sqft single family home for sale at $399,900 in Brooklyn Park MN 55428. At 20% down it rents for an estimated $2,300/mo and returns -$555/mo a month at a 5.0% 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
$2,300/mo
Monthly cash flow
-$555/mo
Cap rate
5.0%
Cash-on-cash
-8.3%
Max offer
$272,000

Offer ≤ $272,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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