For saleMulti-family

$400,000

1680 Burns Ave

Saint Paul MN 55106

4 beds, 2 baths, 2,663 sqft

1680 Burns Ave is a 4 beds, 2 baths, 2,663 sqft multi-family home for sale at $400,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $3,200/mo and returns $395/mo a month at a 7.7% 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
$3,200/mo
Monthly cash flow
$395/mo
Cap rate
7.7%
Cash-on-cash
5.9%
Max offer
$383,000

Offer ≤ $383,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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