For saleCondo
$748,000
510 Grand Ave Apt 101
Saint Paul MN 55102
2 beds, 2 baths, 2,120 sqft
510 Grand Ave Apt 101 is a 2 beds, 2 baths, 2,120 sqft condo home for sale at $748,000 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,650/mo and returns -$4,322/mo a month at a -0.3% 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
- $1,650/mo
- Monthly cash flow
- -$4,322/mo
- Cap rate
- -0.3%
- Cash-on-cash
- -34.7%
- Max offer
- $86,500
Offer ≤ $86,500 (88% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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