For saleSingle family
$284,900
4445 6th St NE
Columbia Heights MN 55421
2 beds, 1 bath, 1,166 sqft
4445 6th St NE is a 2 beds, 1 bath, 1,166 sqft single family home for sale at $284,900 in Columbia Heights MN 55421. At 20% down it rents for an estimated $1,700/mo and returns -$334/mo a month at a 5.3% 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
- $1,700/mo
- Monthly cash flow
- -$334/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -7.0%
- Max offer
- $201,000
Offer ≤ $201,000 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading