For saleMulti-family
$555,000
1607 Van Buren Ave
Saint Paul MN 55104
8 beds, 4 baths, 3,392 sqft
1607 Van Buren Ave is a 8 beds, 4 baths, 3,392 sqft multi-family home for sale at $555,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $4,250/mo and returns $357/mo a month at a 7.3% 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
- $4,250/mo
- Monthly cash flow
- $357/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.9%
- Max offer
- $509,000
Offer ≤ $509,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.