For saleMulti-family
$500,000
5347 4th St NE
Fridley MN 55421
4 beds, 3 baths, 2,670 sqft
5347 4th St NE is a 4 beds, 3 baths, 2,670 sqft multi-family home for sale at $500,000 in Fridley MN 55421. At 20% down it rents for an estimated $4,150/mo and returns $581/mo a month at a 8.1% 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
- $4,150/mo
- Monthly cash flow
- $581/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.0%
- Max offer
- $489,500
Offer ≤ $489,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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