For saleSingle family
$319,990
1600 Suburban Ave
Saint Paul MN 55106
3 beds, 2 baths, 1,384 sqft
1600 Suburban Ave is a 3 beds, 2 baths, 1,384 sqft single family home for sale at $319,990 in Saint Paul MN 55106. At 20% down it rents for an estimated $1,500/mo and returns -$784/mo a month at a 3.7% 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
- $1,500/mo
- Monthly cash flow
- -$784/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.7%
- Max offer
- $177,500
Offer ≤ $177,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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