For saleSingle family

$299,900

2036 Ames Ave

Saint Paul MN 55119

4 beds, 2 baths, 1,886 sqft

2036 Ames Ave is a 4 beds, 2 baths, 1,886 sqft single family home for sale at $299,900 in Saint Paul MN 55119. At 20% down it rents for an estimated $2,475/mo and returns $334/mo a month at a 8.0% 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
$2,475/mo
Monthly cash flow
$334/mo
Cap rate
8.0%
Cash-on-cash
6.7%
Max offer
$292,000

Offer ≤ $292,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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