For saleMulti-family
$399,900
1235 Minnehaha Ave E
Saint Paul MN 55106
6 beds, 3 baths, 2,439 sqft
1235 Minnehaha Ave E is a 6 beds, 3 baths, 2,439 sqft multi-family home for sale at $399,900 in Saint Paul MN 55106. At 20% down it rents for an estimated $4,100/mo and returns $1,245/mo a month at a 10.4% 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
- $4,100/mo
- Monthly cash flow
- $1,245/mo
- Cap rate
- 10.4%
- Cash-on-cash
- 18.7%
- Max offer
- $399,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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