For saleSingle family
$225,000
4407 Washington St NE
Columbia Heights MN 55421
3 beds, 2 baths, 1,276 sqft
4407 Washington St NE is a 3 beds, 2 baths, 1,276 sqft single family home for sale at $225,000 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,050/mo and returns $444/mo a month at a 9.0% 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
- $2,050/mo
- Monthly cash flow
- $444/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.8%
- Max offer
- $225,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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