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 $4,050/mo and returns $838/mo a month at a 8.9% 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
- $4,050/mo
- Monthly cash flow
- $838/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.2%
- Max offer
- $450,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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