For saleSingle family

$349,900

4039 Main St NE

Columbia Heights MN 55421

5 beds, 2 baths, 2,111 sqft

4039 Main St NE is a 5 beds, 2 baths, 2,111 sqft single family home for sale at $349,900 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,850/mo and returns $396/mo a month at a 7.9% 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
$2,850/mo
Monthly cash flow
$396/mo
Cap rate
7.9%
Cash-on-cash
6.8%
Max offer
$341,000

Offer ≤ $341,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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