For saleSingle family
$439,000
2387 Bourne Ave
Saint Paul MN 55108
2 beds, 2 baths, 1,563 sqft
2387 Bourne Ave is a 2 beds, 2 baths, 1,563 sqft single family home for sale at $439,000 in Saint Paul MN 55108. At 20% down it rents for an estimated $1,375/mo and returns -$1,759/mo a month at a 1.9% 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
- $1,375/mo
- Monthly cash flow
- -$1,759/mo
- Cap rate
- 1.9%
- Cash-on-cash
- -24.0%
- Max offer
- $164,000
Offer ≤ $164,000 (63% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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