For saleSingle family
$339,900
6845 Channel Rd NE
Fridley MN 55432
4 beds, 2 baths, 1,445 sqft
6845 Channel Rd NE is a 4 beds, 2 baths, 1,445 sqft single family home for sale at $339,900 in Fridley MN 55432. At 20% down it rents for an estimated $2,450/mo and returns $24/mo a month at a 6.7% 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
- $2,450/mo
- Monthly cash flow
- $24/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.4%
- Max offer
- $289,500
Offer ≤ $289,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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