For saleSingle family

$359,900

4253 6th St NE

Columbia Heights MN 55421

5 beds, 2 baths, 1,927 sqft

4253 6th St NE is a 5 beds, 2 baths, 1,927 sqft single family home for sale at $359,900 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,675/mo and returns $151/mo a month at a 7.0% 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
$2,675/mo
Monthly cash flow
$151/mo
Cap rate
7.0%
Cash-on-cash
2.5%
Max offer
$320,500

Offer ≤ $320,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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