For saleCondo

$149,900

66 9th St E Unit 2102

Saint Paul MN 55101

2 beds, 2 baths, 1,175 sqft

66 9th St E Unit 2102 is a 2 beds, 2 baths, 1,175 sqft condo home for sale at $149,900 in Saint Paul MN 55101. At 20% down it rents for an estimated $1,950/mo and returns $228/mo a month at a 8.3% 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
$1,950/mo
Monthly cash flow
$228/mo
Cap rate
8.3%
Cash-on-cash
9.1%
Max offer
$149,900

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

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