For saleSingle family

$240,000

570 Ironton St NE

Fridley MN 55432

4 beds, 1 bath, 1,231 sqft

570 Ironton St NE is a 4 beds, 1 bath, 1,231 sqft single family home for sale at $240,000 in Fridley MN 55432. At 20% down it rents for an estimated $2,750/mo and returns $1,067/mo a month at a 11.8% 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
$2,750/mo
Monthly cash flow
$1,067/mo
Cap rate
11.8%
Cash-on-cash
26.7%
Max offer
$240,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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