For saleSingle family

$299,000

1467 Charles Ave

Saint Paul MN 55104

3 beds, 2 baths, 1,232 sqft

1467 Charles Ave is a 3 beds, 2 baths, 1,232 sqft single family home for sale at $299,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,275/mo and returns $141/mo a month at a 7.2% 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
$2,275/mo
Monthly cash flow
$141/mo
Cap rate
7.2%
Cash-on-cash
2.8%
Max offer
$268,500

Offer ≤ $268,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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