For saleSingle family
$314,900
225 Richmond St W
South Saint Paul MN 55075
4 beds, 2 baths, 1,312 sqft
225 Richmond St W is a 4 beds, 2 baths, 1,312 sqft single family home for sale at $314,900 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,600/mo and returns $352/mo a month at a 8.0% 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
- $2,600/mo
- Monthly cash flow
- $352/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.7%
- Max offer
- $306,500
Offer ≤ $306,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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