For saleMulti-family
$369,900
4509 Fillmore St NE
Columbia Heights MN 55421
5 beds, 2 baths, 1,850 sqft
4509 Fillmore St NE is a 5 beds, 2 baths, 1,850 sqft multi-family home for sale at $369,900 in Columbia Heights MN 55421. At 20% down it rents for an estimated $4,200/mo and returns $1,559/mo a month at a 11.7% 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
- $4,200/mo
- Monthly cash flow
- $1,559/mo
- Cap rate
- 11.7%
- Cash-on-cash
- 25.3%
- Max offer
- $369,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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