For saleMulti-family
$399,000
306 King St W
Saint Paul MN 55107
5 beds, 3 baths, 2,226 sqft
306 King St W is a 5 beds, 3 baths, 2,226 sqft multi-family home for sale at $399,000 in Saint Paul MN 55107. At 20% down it rents for an estimated $3,850/mo and returns $1,002/mo a month at a 9.7% 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
- $3,850/mo
- Monthly cash flow
- $1,002/mo
- Cap rate
- 9.7%
- Cash-on-cash
- 15.1%
- Max offer
- $399,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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