For saleSingle family

$84,900

162 Forbes Ave

Saint Paul MN 55102

2 beds, 1 bath, 924 sqft

162 Forbes Ave is a 2 beds, 1 bath, 924 sqft single family home for sale at $84,900 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,750/mo and returns $1,144/mo a month at a 22.8% 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
$1,750/mo
Monthly cash flow
$1,144/mo
Cap rate
22.8%
Cash-on-cash
80.8%
Max offer
$84,900

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

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