For saleMulti-family
$465,000
1636-1638 Minnehaha Ave W
Saint Paul MN 55104
7 beds, 3 baths, 3,532 sqft
1636-1638 Minnehaha Ave W is a 7 beds, 3 baths, 3,532 sqft multi-family home for sale at $465,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $4,100/mo and returns $780/mo a month at a 8.7% 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
- $4,100/mo
- Monthly cash flow
- $780/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 10.1%
- Max offer
- $465,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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