For saleCondo
$98,500
66 9th St E Unit 1605
Saint Paul MN 55101
1 bed, 1 bath, 740 sqft
66 9th St E Unit 1605 is a 1 bed, 1 bath, 740 sqft condo home for sale at $98,500 in Saint Paul MN 55101. At 20% down it rents for an estimated $1,625/mo and returns $415/mo a month at a 11.7% 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
- $1,625/mo
- Monthly cash flow
- $415/mo
- Cap rate
- 11.7%
- Cash-on-cash
- 25.3%
- Max offer
- $98,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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