For saleSingle family

$285,000

4357 Main St NE

Columbia Heights MN 55421

4 beds, 2 baths, 1,258 sqft

4357 Main St NE is a 4 beds, 2 baths, 1,258 sqft single family home for sale at $285,000 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,575/mo and returns $576/mo a month at a 8.9% 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
$2,575/mo
Monthly cash flow
$576/mo
Cap rate
8.9%
Cash-on-cash
12.1%
Max offer
$285,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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