For saleSingle family
$349,900
740 24th Ave N
South Saint Paul MN 55075
3 beds, 1 bath, 1,502 sqft
740 24th Ave N is a 3 beds, 1 bath, 1,502 sqft single family home for sale at $349,900 in South Saint Paul MN 55075. At 20% down it rents for an estimated $1,450/mo and returns -$1,048/mo a month at a 3.1% 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
- $1,450/mo
- Monthly cash flow
- -$1,048/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -18.0%
- Max offer
- $172,000
Offer ≤ $172,000 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading