For saleSingle family
$355,900
966 43 1/2 Ave NE
Columbia Heights MN 55421
5 beds, 2 baths, 2,068 sqft
966 43 1/2 Ave NE is a 5 beds, 2 baths, 2,068 sqft single family home for sale at $355,900 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,600/mo and returns $59/mo a month at a 6.9% 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
- $2,600/mo
- Monthly cash flow
- $59/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.0%
- Max offer
- $307,000
Offer ≤ $307,000 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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