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 $2,050/mo and returns $279/mo a month at a 7.8% 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
$2,050/mo
Monthly cash flow
$279/mo
Cap rate
7.8%
Cash-on-cash
6.6%
Max offer
$245,500

Offer ≤ $245,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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