$349,900
5361 6th St NE
Fridley MN 55421
5 beds, 2 baths, 1,987 sqft
5361 6th St NE is a 5 beds, 2 baths, 1,987 sqft multi-family home for sale at $349,900 in Fridley MN 55421. At 20% down it rents for an estimated $3,900/mo and returns $1,402/mo a month at a 11.5% 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
- $3,900/mo
- Monthly cash flow
- $1,402/mo
- Cap rate
- 11.5%
- Cash-on-cash
- 24.0%
- Max offer
- $349,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
$349,900
5361 6th St NE, Fridley MN 55421
Monthly payment
- Principal and interest
- $1,896
- Home insurance (estimate)
- $204
- HOA
- $0
Estimate only. The rate starts at the national 30 year average (Freddie Mac). Taxes come from the county rate on the listing; insurance is a typical amount for the area, not a quote.
Where it sits
5361 6th St NE in context — the streets, water and amenities around it.
Information deemed reliable but not guaranteed. DealBumble is not the listing brokerage. School ratings, flood data and tax records come from third parties. Status can lag the MLS by up to about 12 hours.
Comments
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