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 $1,675/mo and returns $477/mo a month at a 12.3% 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
$1,675/mo
Monthly cash flow
$477/mo
Cap rate
12.3%
Cash-on-cash
29.1%
Max offer
$98,500

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

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