For saleSingle family

$252,500

1435 Sherburne Ave

Saint Paul MN 55104

3 beds, 1 bath, 1,130 sqft

1435 Sherburne Ave is a 3 beds, 1 bath, 1,130 sqft single family home for sale at $252,500 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,150/mo and returns $347/mo a month at a 8.3% 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: $2,150/mo
Monthly cash flow: $347/mo
Cap rate: 8.3%
Cash-on-cash: 8.3%
Max offer: $252,500

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