For saleSingle family

$249,900

1440 Harmony Dr

Saint Paul MN 55115

3 beds, 1 bath, 2,220 sqft

1440 Harmony Dr is a 3 beds, 1 bath, 2,220 sqft single family home for sale at $249,900 in Saint Paul MN 55115. At 20% down it rents for an estimated $2,825/mo and returns $1,041/mo a month at a 11.7% 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
$2,825/mo
Monthly cash flow
$1,041/mo
Cap rate
11.7%
Cash-on-cash
25.0%
Max offer
$249,900

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

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