For saleMulti-family

$315,000

684 Virginia St

Saint Paul MN 55103

4 beds, 2 baths, 2,904 sqft

684 Virginia St is a 4 beds, 2 baths, 2,904 sqft multi-family home for sale at $315,000 in Saint Paul MN 55103. At 20% down it rents for an estimated $2,500/mo and returns $251/mo a month at a 7.6% 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
$2,500/mo
Monthly cash flow
$251/mo
Cap rate
7.6%
Cash-on-cash
4.8%
Max offer
$295,000

Offer ≤ $295,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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