For saleSingle family
$510,000
2115 Palace Ave
Saint Paul MN 55105
3 beds, 2 baths, 1,778 sqft
2115 Palace Ave is a 3 beds, 2 baths, 1,778 sqft single family home for sale at $510,000 in Saint Paul MN 55105. At 20% down it rents for an estimated $2,550/mo and returns -$1,091/mo a month at a 4.1% 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
- $2,550/mo
- Monthly cash flow
- -$1,091/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.8%
- Max offer
- $302,000
Offer ≤ $302,000 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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