For saleCondo
$120,000
66 9th St E Unit 2501
Saint Paul MN 55101
1 bath, 478 sqft
66 9th St E Unit 2501 is a 1 bath, 478 sqft condo home for sale at $120,000 in Saint Paul MN 55101. At 20% down it rents for an estimated $1,300/mo and returns $159/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
- $1,300/mo
- Monthly cash flow
- $159/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.0%
- Max offer
- $119,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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