For saleSingle family

$290,000

2057 Sherwood Ave

Saint Paul MN 55119

3 beds, 1 bath, 1,275 sqft

2057 Sherwood Ave is a 3 beds, 1 bath, 1,275 sqft single family home for sale at $290,000 in Saint Paul MN 55119. At 20% down it rents for an estimated $2,050/mo and returns -$20/mo a month at a 6.6% 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
$2,050/mo
Monthly cash flow
-$20/mo
Cap rate
6.6%
Cash-on-cash
-0.4%
Max offer
$242,000

Offer ≤ $242,000 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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