For saleSingle family
$385,999
1550 41st Ave NE
Columbia Heights MN 55421
3 beds, 2 baths, 1,200 sqft
1550 41st Ave NE is a 3 beds, 2 baths, 1,200 sqft single family home for sale at $385,999 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,100/mo and returns -$656/mo a month at a 4.6% 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
- $2,100/mo
- Monthly cash flow
- -$656/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.2%
- Max offer
- $248,500
Offer ≤ $248,500 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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