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.
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