For saleMulti-family
$799,000
6043 Brooklyn Blvd
Brooklyn Center MN 55429
9 beds, 6 baths, 3,885 sqft
6043 Brooklyn Blvd is a 9 beds, 6 baths, 3,885 sqft multi-family home for sale at $799,000 in Brooklyn Center MN 55429. At 20% down it rents for an estimated $5,550/mo and returns -$154/mo a month at a 6.4% 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
- $5,550/mo
- Monthly cash flow
- -$154/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.2%
- Max offer
- $656,000
Offer ≤ $656,000 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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