For saleMulti-family
$265,000
88 Cook Ave W
Saint Paul MN 55117
4 beds, 2 baths, 1,656 sqft
88 Cook Ave W is a 4 beds, 2 baths, 1,656 sqft multi-family home for sale at $265,000 in Saint Paul MN 55117. At 20% down it rents for an estimated $1,950/mo and returns $58/mo a month at a 6.9% 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
- $1,950/mo
- Monthly cash flow
- $58/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.3%
- Max offer
- $230,000
Offer ≤ $230,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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