For saleSingle family
$349,900
5049 4th St NE
Columbia Heights MN 55421
4 beds, 2 baths, 1,569 sqft
5049 4th St NE is a 4 beds, 2 baths, 1,569 sqft single family home for sale at $349,900 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,175/mo and returns -$323/mo a month at a 5.6% 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
- $2,175/mo
- Monthly cash flow
- -$323/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.5%
- Max offer
- $257,000
Offer ≤ $257,000 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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