For saleMulti-family

$399,000

7217 Zane Ave N

Brooklyn Park MN 55429

5 beds, 2 baths, 2,108 sqft

7217 Zane Ave N is a 5 beds, 2 baths, 2,108 sqft multi-family home for sale at $399,000 in Brooklyn Park MN 55429. At 20% down it rents for an estimated $4,600/mo and returns $1,802/mo a month at a 11.9% 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
$4,600/mo
Monthly cash flow
$1,802/mo
Cap rate
11.9%
Cash-on-cash
27.1%
Max offer
$399,000

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

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