For saleSingle family

$365,000

1425 Rice Creek Rd NE

Fridley MN 55432

4 beds, 2 baths, 2,136 sqft

1425 Rice Creek Rd NE is a 4 beds, 2 baths, 2,136 sqft single family home for sale at $365,000 in Fridley MN 55432. At 20% down it rents for an estimated $2,725/mo and returns $165/mo a month at a 7.1% 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
$2,725/mo
Monthly cash flow
$165/mo
Cap rate
7.1%
Cash-on-cash
2.7%
Max offer
$326,500

Offer ≤ $326,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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