For saleSingle family

$350,000

1064 Hackmann Cir NE

Fridley MN 55432

4 beds, 2 baths, 1,977 sqft

1064 Hackmann Cir NE is a 4 beds, 2 baths, 1,977 sqft single family home for sale at $350,000 in Fridley MN 55432. At 20% down it rents for an estimated $2,725/mo and returns $270/mo a month at a 7.4% 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
$2,725/mo
Monthly cash flow
$270/mo
Cap rate
7.4%
Cash-on-cash
4.6%
Max offer
$326,500

Offer ≤ $326,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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