For saleSingle family

$260,000

132 Richmond St E

South Saint Paul MN 55075

4 beds, 2 baths, 1,371 sqft

132 Richmond St E is a 4 beds, 2 baths, 1,371 sqft single family home for sale at $260,000 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,475/mo and returns $651/mo a month at a 9.5% 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
$2,475/mo
Monthly cash flow
$651/mo
Cap rate
9.5%
Cash-on-cash
15.0%
Max offer
$260,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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