For saleTownhouse
$385,000
510 Huset Pkwy NE
Columbia Heights MN 55421
4 beds, 4 baths, 2,495 sqft
510 Huset Pkwy NE is a 4 beds, 4 baths, 2,495 sqft townhouse home for sale at $385,000 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,225/mo and returns -$695/mo a month at a 4.5% 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
- $2,225/mo
- Monthly cash flow
- -$695/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.8%
- Max offer
- $235,000
Offer ≤ $235,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading