For saleCondo
$189,000
353 Belvidere St E Unit 353B
Saint Paul MN 55107
2 beds, 1 bath, 972 sqft
353 Belvidere St E Unit 353B is a 2 beds, 1 bath, 972 sqft condo home for sale at $189,000 in Saint Paul MN 55107. At 20% down it rents for an estimated $1,450/mo and returns -$349/mo a month at a 4.5% 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
- $1,450/mo
- Monthly cash flow
- -$349/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -11.1%
- Max offer
- $114,500
Offer ≤ $114,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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