For saleSingle family

$299,000

317 6th Ave S

South Saint Paul MN 55075

2 beds, 2 baths, 1,320 sqft

317 6th Ave S is a 2 beds, 2 baths, 1,320 sqft single family home for sale at $299,000 in South Saint Paul MN 55075. At 20% down it rents for an estimated $1,325/mo and returns -$809/mo a month at a 3.4% 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
$1,325/mo
Monthly cash flow
-$809/mo
Cap rate
3.4%
Cash-on-cash
-16.2%
Max offer
$157,000

Offer ≤ $157,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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