For saleSingle family
$275,000
124 Gibraltar Rd
Fridley MN 55421
4 beds, 2 baths, 1,700 sqft
124 Gibraltar Rd is a 4 beds, 2 baths, 1,700 sqft single family home for sale at $275,000 in Fridley MN 55421. At 20% down it rents for an estimated $2,450/mo and returns $487/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
- $2,450/mo
- Monthly cash flow
- $487/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.6%
- Max offer
- $275,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading