For saleSingle family

$169,995

4415 Madison St NE

Columbia Heights MN 55421

2 beds, 1 bath, 1,115 sqft

4415 Madison St NE is a 2 beds, 1 bath, 1,115 sqft single family home for sale at $169,995 in Columbia Heights MN 55421. At 20% down it rents for an estimated $1,700/mo and returns $486/mo a month at a 10.1% 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
$1,700/mo
Monthly cash flow
$486/mo
Cap rate
10.1%
Cash-on-cash
17.2%
Max offer
$169,995

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading