For saleSingle family
$360,000
1805 42nd Ave NE
Columbia Heights MN 55421
4 beds, 3 baths, 2,124 sqft
1805 42nd Ave NE is a 4 beds, 3 baths, 2,124 sqft single family home for sale at $360,000 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,800/mo and returns $275/mo a month at a 7.4% 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
- $2,800/mo
- Monthly cash flow
- $275/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 4.6%
- Max offer
- $335,500
Offer ≤ $335,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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