For saleMulti-family

$450,000

688-690 Burlington Rd

Saint Paul MN 55119

6 beds, 3 baths, 2,805 sqft

688-690 Burlington Rd is a 6 beds, 3 baths, 2,805 sqft multi-family home for sale at $450,000 in Saint Paul MN 55119. At 20% down it rents for an estimated $4,500/mo and returns $1,344/mo a month at a 10.1% 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
$4,500/mo
Monthly cash flow
$1,344/mo
Cap rate
10.1%
Cash-on-cash
17.9%
Max offer
$450,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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