For saleMulti-family
$447,500
4656 Polk St NE
Columbia Heights MN 55421
7 beds, 4 baths, 3,021 sqft
4656 Polk St NE is a 7 beds, 4 baths, 3,021 sqft multi-family home for sale at $447,500 in Columbia Heights MN 55421. At 20% down it rents for an estimated $4,450/mo and returns $1,255/mo a month at a 10.0% 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
- $4,450/mo
- Monthly cash flow
- $1,255/mo
- Cap rate
- 10.0%
- Cash-on-cash
- 16.8%
- Max offer
- $447,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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