For saleSingle family
$230,000
4559 Washington St NE
Columbia Heights MN 55421
3 beds, 1.5 baths, 1,207 sqft
4559 Washington St NE is a 3 beds, 1.5 baths, 1,207 sqft single family home for sale at $230,000 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,125/mo and returns $512/mo a month at a 9.2% 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
- $512/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 13.4%
- Max offer
- $230,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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