For saleSingle family
$350,000
185 Craigbrook Way NE
Fridley MN 55432
6 beds, 2.5 baths, 2,806 sqft
185 Craigbrook Way NE is a 6 beds, 2.5 baths, 2,806 sqft single family home for sale at $350,000 in Fridley MN 55432. At 20% down it rents for an estimated $3,325/mo and returns $870/mo a month at a 9.5% 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
- $3,325/mo
- Monthly cash flow
- $870/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 14.9%
- Max offer
- $350,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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