For saleSingle family
$1,095,000
501 Portland Ave
Saint Paul MN 55102
5 beds, 3 baths, 3,400 sqft
501 Portland Ave is a 5 beds, 3 baths, 3,400 sqft single family home for sale at $1,095,000 in Saint Paul MN 55102. At 20% down it rents for an estimated $2,475/mo and returns -$5,342/mo a month at a 0.8% 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
- $2,475/mo
- Monthly cash flow
- -$5,342/mo
- Cap rate
- 0.8%
- Cash-on-cash
- -29.3%
- Max offer
- $297,000
Offer ≤ $297,000 (73% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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