For saleSingle family
$289,900
4252 Monroe St NE
Columbia Heights MN 55421
4 beds, 1.5 baths, 1,946 sqft
4252 Monroe St NE is a 4 beds, 1.5 baths, 1,946 sqft single family home for sale at $289,900 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,350/mo and returns $280/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
- $2,350/mo
- Monthly cash flow
- $280/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.8%
- Max offer
- $277,000
Offer ≤ $277,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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