For saleMulti-family

$349,900

4556 Fillmore St NE

Columbia Heights MN 55421

5 beds, 2 baths, 2,098 sqft

4556 Fillmore St NE is a 5 beds, 2 baths, 2,098 sqft multi-family home for sale at $349,900 in Columbia Heights MN 55421. At 20% down it rents for an estimated $4,200/mo and returns $1,702/mo a month at a 12.5% 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
$4,200/mo
Monthly cash flow
$1,702/mo
Cap rate
12.5%
Cash-on-cash
29.2%
Max offer
$349,900

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

Loading