For saleMulti-family

$269,900

346 Maria Ave

Saint Paul MN 55106

6 beds, 2 baths, 2,253 sqft

346 Maria Ave is a 6 beds, 2 baths, 2,253 sqft multi-family home for sale at $269,900 in Saint Paul MN 55106. At 20% down it rents for an estimated $3,450/mo and returns $1,523/mo a month at a 13.4% 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
$3,450/mo
Monthly cash flow
$1,523/mo
Cap rate
13.4%
Cash-on-cash
33.9%
Max offer
$269,900

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

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