For saleMulti-family
$450,000
1321 Fireside Dr NE
Fridley MN 55432
6 beds, 5 baths, 3,533 sqft
1321 Fireside Dr NE is a 6 beds, 5 baths, 3,533 sqft multi-family home for sale at $450,000 in Fridley MN 55432. At 20% down it rents for an estimated $4,800/mo and returns $1,644/mo a month at a 10.9% 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
- $4,800/mo
- Monthly cash flow
- $1,644/mo
- Cap rate
- 10.9%
- Cash-on-cash
- 21.9%
- Max offer
- $450,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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