For saleSingle family
$305,500
1696 Fremont Ave
Saint Paul MN 55106
4 beds, 2 baths, 1,420 sqft
1696 Fremont Ave is a 4 beds, 2 baths, 1,420 sqft single family home for sale at $305,500 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,475/mo and returns $294/mo a month at a 7.8% 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
- $2,475/mo
- Monthly cash flow
- $294/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.8%
- Max offer
- $292,000
Offer ≤ $292,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading