For saleSingle family
$325,000
3716 Hayes St NE
Columbia Heights MN 55421
3 beds, 2 baths, 1,169 sqft
3716 Hayes St NE is a 3 beds, 2 baths, 1,169 sqft single family home for sale at $325,000 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,150/mo and returns -$170/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
- $2,150/mo
- Monthly cash flow
- -$170/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.1%
- Max offer
- $254,000
Offer ≤ $254,000 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading