For saleMulti-family
$525,000
1626 Englewood Ave
Saint Paul MN 55104
4 beds, 4 baths, 2,513 sqft
1626 Englewood Ave is a 4 beds, 4 baths, 2,513 sqft multi-family home for sale at $525,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $4,000/mo and returns $252/mo a month at a 7.2% 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
- $4,000/mo
- Monthly cash flow
- $252/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.9%
- Max offer
- $472,000
Offer ≤ $472,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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