For saleSingle family

$280,000

2517 Nokomis Ave

Saint Paul MN 55119

5 beds, 2 baths, 1,635 sqft

2517 Nokomis Ave is a 5 beds, 2 baths, 1,635 sqft single family home for sale at $280,000 in Saint Paul MN 55119. At 20% down it rents for an estimated $2,725/mo and returns $726/mo a month at a 9.8% 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
$2,725/mo
Monthly cash flow
$726/mo
Cap rate
9.8%
Cash-on-cash
15.6%
Max offer
$280,000

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

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