For saleSingle family
$370,000
31 65 1/2 Way NE
Fridley MN 55432
3 beds, 2 baths, 1,602 sqft
31 65 1/2 Way NE is a 3 beds, 2 baths, 1,602 sqft single family home for sale at $370,000 in Fridley MN 55432. At 20% down it rents for an estimated $1,350/mo and returns -$1,291/mo a month at a 2.5% 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
- $1,350/mo
- Monthly cash flow
- -$1,291/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.9%
- Max offer
- $160,500
Offer ≤ $160,500 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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