For saleSingle family
$310,000
4132 Monroe St NE
Columbia Heights MN 55421
3 beds, 2 baths, 1,512 sqft
4132 Monroe St NE is a 3 beds, 2 baths, 1,512 sqft single family home for sale at $310,000 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,050/mo and returns -$163/mo a month at a 6.0% 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
- $2,050/mo
- Monthly cash flow
- -$163/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.2%
- Max offer
- $242,000
Offer ≤ $242,000 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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