For saleSingle family
$250,000
1302 Hewitt Ave
Saint Paul MN 55104
3 beds, 1 bath, 900 sqft
1302 Hewitt Ave is a 3 beds, 1 bath, 900 sqft single family home for sale at $250,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,075/mo and returns $290/mo a month at a 8.1% 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
- $2,075/mo
- Monthly cash flow
- $290/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.0%
- Max offer
- $244,500
Offer ≤ $244,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading