For saleCondo

$129,900

45 Albert St S Apt 2

Saint Paul MN 55105

1 bed, 1 bath, 672 sqft

45 Albert St S Apt 2 is a 1 bed, 1 bath, 672 sqft condo home for sale at $129,900 in Saint Paul MN 55105. At 20% down it rents for an estimated $1,325/mo and returns $182/mo a month at a 8.3% 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
$1,325/mo
Monthly cash flow
$182/mo
Cap rate
8.3%
Cash-on-cash
8.4%
Max offer
$129,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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