For saleSingle family

$229,500

1796 Minnehaha Ave W

Saint Paul MN 55104

3 beds, 1 bath, 1,113 sqft

1796 Minnehaha Ave W is a 3 beds, 1 bath, 1,113 sqft single family home for sale at $229,500 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,075/mo and returns $437/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
$2,075/mo
Monthly cash flow
$437/mo
Cap rate
8.9%
Cash-on-cash
11.4%
Max offer
$229,500

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

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