For saleMulti-family
$215,000
861 Cook Ave E
Saint Paul MN 55106
4 beds, 2 baths, 2,000 sqft
861 Cook Ave E is a 4 beds, 2 baths, 2,000 sqft multi-family home for sale at $215,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,550/mo and returns $1,015/mo a month at a 12.3% 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
- $1,015/mo
- Cap rate
- 12.3%
- Cash-on-cash
- 28.3%
- Max offer
- $215,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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