For saleMulti-family

$264,900

483 Lawson Ave W

Saint Paul MN 55117

4 beds, 2 baths, 1,446 sqft

483 Lawson Ave W is a 4 beds, 2 baths, 1,446 sqft multi-family home for sale at $264,900 in Saint Paul MN 55117. At 20% down it rents for an estimated $2,550/mo and returns $659/mo a month at a 9.7% 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
$2,550/mo
Monthly cash flow
$659/mo
Cap rate
9.7%
Cash-on-cash
14.9%
Max offer
$264,900

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

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