For saleSingle family
$360,000
1430 Summit Ave
Saint Paul Park MN 55071
3 beds, 2 baths, 1,944 sqft
1430 Summit Ave is a 3 beds, 2 baths, 1,944 sqft single family home for sale at $360,000 in Saint Paul Park MN 55071. At 20% down it rents for an estimated $2,150/mo and returns -$420/mo a month at a 5.3% 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
- $2,150/mo
- Monthly cash flow
- -$420/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -7.0%
- Max offer
- $254,000
Offer ≤ $254,000 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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