For saleSingle family
$274,900
424 16th Ave N
South Saint Paul MN 55075
3 beds, 1 bath, 1,147 sqft
424 16th Ave N is a 3 beds, 1 bath, 1,147 sqft single family home for sale at $274,900 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,150/mo and returns $222/mo a month at a 7.5% 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
- $222/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.8%
- Max offer
- $257,500
Offer ≤ $257,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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