For saleMulti-family
$439,900
1462 Carroll Ave
Saint Paul MN 55104
6 beds, 4 baths, 2,346 sqft
1462 Carroll Ave is a 6 beds, 4 baths, 2,346 sqft multi-family home for sale at $439,900 in Saint Paul MN 55104. At 20% down it rents for an estimated $3,700/mo and returns $560/mo a month at a 8.2% 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
- $3,700/mo
- Monthly cash flow
- $560/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.6%
- Max offer
- $436,500
Offer ≤ $436,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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