For saleSingle family

$285,000

4343 McLeod St NE

Columbia Heights MN 55421

3 beds, 1.5 baths, 1,229 sqft

4343 McLeod St NE is a 3 beds, 1.5 baths, 1,229 sqft single family home for sale at $285,000 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,125/mo and returns $126/mo a month at a 7.0% 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
$2,125/mo
Monthly cash flow
$126/mo
Cap rate
7.0%
Cash-on-cash
2.7%
Max offer
$254,500

Offer ≤ $254,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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