For saleSingle family
$249,900
278 Morningside Cir
Saint Paul MN 55119
3 beds, 2 baths, 1,274 sqft
278 Morningside Cir is a 3 beds, 2 baths, 1,274 sqft single family home for sale at $249,900 in Saint Paul MN 55119. At 20% down it rents for an estimated $2,100/mo and returns $316/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
- $2,100/mo
- Monthly cash flow
- $316/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.6%
- Max offer
- $247,500
Offer ≤ $247,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading