For saleSingle family
$339,900
1317 44th Ave NE
Columbia Heights MN 55421
3 beds, 2 baths, 1,374 sqft
1317 44th Ave NE is a 3 beds, 2 baths, 1,374 sqft single family home for sale at $339,900 in Columbia Heights MN 55421. At 20% down it rents for an estimated $1,900/mo and returns -$526/mo a month at a 4.8% 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
- $1,900/mo
- Monthly cash flow
- -$526/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.3%
- Max offer
- $225,000
Offer ≤ $225,000 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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