For saleCondo
$115,000
66 9th St E Unit 1609
Saint Paul MN 55101
1 bed, 1 bath, 680 sqft
66 9th St E Unit 1609 is a 1 bed, 1 bath, 680 sqft condo home for sale at $115,000 in Saint Paul MN 55101. At 20% down it rents for an estimated $1,625/mo and returns $309/mo a month at a 9.9% 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
- $309/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.1%
- Max offer
- $115,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading