For saleSingle family
$314,999
5604 5th St NE
Fridley MN 55432
3 beds, 2 baths, 1,464 sqft
5604 5th St NE is a 3 beds, 2 baths, 1,464 sqft single family home for sale at $314,999 in Fridley MN 55432. At 20% down it rents for an estimated $1,950/mo and returns -$299/mo a month at a 5.5% 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
- $1,950/mo
- Monthly cash flow
- -$299/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -5.7%
- Max offer
- $230,500
Offer ≤ $230,500 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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