For saleMulti-family

$525,000

5428 5th St NE

Fridley MN 55421

7 beds, 4 baths, 2,873 sqft

5428 5th St NE is a 7 beds, 4 baths, 2,873 sqft multi-family home for sale at $525,000 in Fridley MN 55421. At 20% down it rents for an estimated $4,950/mo and returns $1,268/mo a month at a 9.4% 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
$4,950/mo
Monthly cash flow
$1,268/mo
Cap rate
9.4%
Cash-on-cash
14.5%
Max offer
$525,000

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

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