For saleCondo

$159,000

304 Marshall Ave Apt 5

Saint Paul MN 55102

4 beds, 1 bath, 1,245 sqft

304 Marshall Ave Apt 5 is a 4 beds, 1 bath, 1,245 sqft condo home for sale at $159,000 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,950/mo and returns $314/mo a month at a 8.9% 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
$1,950/mo
Monthly cash flow
$314/mo
Cap rate
8.9%
Cash-on-cash
11.8%
Max offer
$159,000

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

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