For saleSingle family
$290,000
6679 Arthur St NE
Fridley MN 55432
3 beds, 1 bath, 1,102 sqft
6679 Arthur St NE is a 3 beds, 1 bath, 1,102 sqft single family home for sale at $290,000 in Fridley MN 55432. At 20% down it rents for an estimated $1,900/mo and returns -$170/mo a month at a 6.0% 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
- $1,900/mo
- Monthly cash flow
- -$170/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.5%
- Max offer
- $224,500
Offer ≤ $224,500 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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