For saleSingle family
$329,900
3918 Hayes St NE
Columbia Heights MN 55421
5 beds, 2 baths, 1,771 sqft
3918 Hayes St NE is a 5 beds, 2 baths, 1,771 sqft single family home for sale at $329,900 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,850/mo and returns $495/mo a month at a 8.5% 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
- $2,850/mo
- Monthly cash flow
- $495/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.0%
- Max offer
- $329,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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