For saleCondo
$160,000
1600 Arundel St Apt 300
Saint Paul MN 55117
2 beds, 2 baths, 1,120 sqft
1600 Arundel St Apt 300 is a 2 beds, 2 baths, 1,120 sqft condo home for sale at $160,000 in Saint Paul MN 55117. At 20% down it rents for an estimated $1,350/mo and returns -$204/mo a month at a 5.1% 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
- $1,350/mo
- Monthly cash flow
- -$204/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.6%
- Max offer
- $108,000
Offer ≤ $108,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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