For saleSingle family

$398,500

4205 University Ave NE

Columbia Heights MN 55421

5 beds, 2 baths, 1,830 sqft

4205 University Ave NE is a 5 beds, 2 baths, 1,830 sqft single family home for sale at $398,500 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,850/mo and returns $55/mo a month at a 6.7% 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
$2,850/mo
Monthly cash flow
$55/mo
Cap rate
6.7%
Cash-on-cash
0.8%
Max offer
$341,500

Offer ≤ $341,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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