For saleMulti-family
$354,900
1562 Ivy Ave E
Saint Paul MN 55106
5 beds, 3 baths, 2,205 sqft
1562 Ivy Ave E is a 5 beds, 3 baths, 2,205 sqft multi-family home for sale at $354,900 in Saint Paul MN 55106. At 20% down it rents for an estimated $3,250/mo and returns $761/mo a month at a 9.1% 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
- $3,250/mo
- Monthly cash flow
- $761/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.9%
- Max offer
- $354,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.