For saleMulti-family

$421,900

1437 Minnehaha Ave W

Saint Paul MN 55104

5 beds, 3 baths, 2,568 sqft

1437 Minnehaha Ave W is a 5 beds, 3 baths, 2,568 sqft multi-family home for sale at $421,900 in Saint Paul MN 55104. At 20% down it rents for an estimated $4,800/mo and returns $1,841/mo a month at a 11.8% 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
$4,800/mo
Monthly cash flow
$1,841/mo
Cap rate
11.8%
Cash-on-cash
26.2%
Max offer
$421,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.