For saleSingle family
$289,900
1566 Albemarle St
Saint Paul MN 55117
4 beds, 2 baths, 2,069 sqft
1566 Albemarle St is a 4 beds, 2 baths, 2,069 sqft single family home for sale at $289,900 in Saint Paul MN 55117. At 20% down it rents for an estimated $2,250/mo and returns $180/mo a month at a 7.4% 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
- $2,250/mo
- Monthly cash flow
- $180/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.7%
- Max offer
- $265,500
Offer ≤ $265,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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