For saleCondo
$125,000
999 41st Ave NE Apt 210
Columbia Heights MN 55421
1 bed, 1 bath, 748 sqft
999 41st Ave NE Apt 210 is a 1 bed, 1 bath, 748 sqft condo home for sale at $125,000 in Columbia Heights MN 55421. At 20% down it rents for an estimated $1,100/mo and returns -$155/mo a month at a 5.2% 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
- $1,100/mo
- Monthly cash flow
- -$155/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.4%
- Max offer
- $85,000
Offer ≤ $85,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading