For saleSingle family
$349,950
510 Mississippi St NE
Fridley MN 55432
5 beds, 3 baths, 2,077 sqft
510 Mississippi St NE is a 5 beds, 3 baths, 2,077 sqft single family home for sale at $349,950 in Fridley MN 55432. At 20% down it rents for an estimated $2,750/mo and returns $252/mo a month at a 7.5% 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
- $2,750/mo
- Monthly cash flow
- $252/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.3%
- Max offer
- $324,500
Offer ≤ $324,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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