For saleSingle family

$195,000

345 Lafond Ave

Saint Paul MN 55103

2 beds, 1 bath, 768 sqft

345 Lafond Ave is a 2 beds, 1 bath, 768 sqft single family home for sale at $195,000 in Saint Paul MN 55103. At 20% down it rents for an estimated $1,400/mo and returns $32/mo a month at a 6.7% 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
$1,400/mo
Monthly cash flow
$32/mo
Cap rate
6.7%
Cash-on-cash
1.0%
Max offer
$167,500

Offer ≤ $167,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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