For saleMulti-family
$199,900
454 Sherburne Ave
Saint Paul MN 55103
3 beds, 2 baths, 1,700 sqft
454 Sherburne Ave is a 3 beds, 2 baths, 1,700 sqft multi-family home for sale at $199,900 in Saint Paul MN 55103. At 20% down it rents for an estimated $2,600/mo and returns $1,173/mo a month at a 13.7% 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
- $2,600/mo
- Monthly cash flow
- $1,173/mo
- Cap rate
- 13.7%
- Cash-on-cash
- 35.2%
- Max offer
- $199,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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