For saleSingle family

$340,000

4651 6th St NE

Columbia Heights MN 55421

6 beds, 2 baths, 2,142 sqft

4651 6th St NE is a 6 beds, 2 baths, 2,142 sqft single family home for sale at $340,000 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,925/mo and returns $540/mo a month at a 8.4% 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
$2,925/mo
Monthly cash flow
$540/mo
Cap rate
8.4%
Cash-on-cash
9.5%
Max offer
$340,000

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

Loading listing…

Fetching the market snapshot.