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 $2,225/mo and returns $82/mo a month at a 6.8% 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
$2,225/mo
Monthly cash flow
$82/mo
Cap rate
6.8%
Cash-on-cash
1.6%
Max offer
$266,500

Offer ≤ $266,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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