For saleMulti-family
$349,900
243 Park St W
South Saint Paul MN 55075
7 beds, 3 baths, 2,528 sqft
243 Park St W is a 7 beds, 3 baths, 2,528 sqft multi-family home for sale at $349,900 in South Saint Paul MN 55075. At 20% down it rents for an estimated $4,950/mo and returns $2,496/mo a month at a 15.1% 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
- $4,950/mo
- Monthly cash flow
- $2,496/mo
- Cap rate
- 15.1%
- Cash-on-cash
- 42.8%
- Max offer
- $349,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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