For saleSingle family

$299,900

5149 University Ave NE

Columbia Heights MN 55421

5 beds, 2 baths, 1,800 sqft

5149 University Ave NE is a 5 beds, 2 baths, 1,800 sqft single family home for sale at $299,900 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,675/mo and returns $572/mo a month at a 8.8% 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
$2,675/mo
Monthly cash flow
$572/mo
Cap rate
8.8%
Cash-on-cash
11.4%
Max offer
$299,900

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

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