For saleMulti-family
$510,000
429 Mount Ida St
Saint Paul MN 55130
8 beds, 4 baths, 3,288 sqft
429 Mount Ida St is a 8 beds, 4 baths, 3,288 sqft multi-family home for sale at $510,000 in Saint Paul MN 55130. At 20% down it rents for an estimated $6,200/mo and returns $2,623/mo a month at a 12.7% 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
- $6,200/mo
- Monthly cash flow
- $2,623/mo
- Cap rate
- 12.7%
- Cash-on-cash
- 30.9%
- Max offer
- $510,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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