For saleSingle family
$439,900
1325 42 1/2 Ave NE
Columbia Heights MN 55421
4 beds, 2 baths, 2,016 sqft
1325 42 1/2 Ave NE is a 4 beds, 2 baths, 2,016 sqft single family home for sale at $439,900 in Columbia Heights MN 55421. At 20% down it rents for an estimated $2,350/mo and returns -$790/mo a month at a 4.5% 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
- $2,350/mo
- Monthly cash flow
- -$790/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.8%
- Max offer
- $278,000
Offer ≤ $278,000 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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