For saleTownhouse
$280,000
5422 Meister Rd
Fridley MN 55432
3 beds, 4 baths, 2,822 sqft
5422 Meister Rd is a 3 beds, 4 baths, 2,822 sqft townhouse home for sale at $280,000 in Fridley MN 55432. At 20% down it rents for an estimated $1,900/mo and returns -$301/mo a month at a 5.4% 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
- $1,900/mo
- Monthly cash flow
- -$301/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.4%
- Max offer
- $196,000
Offer ≤ $196,000 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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