For saleMulti-family
$369,500
442 Pierce St N
Saint Paul MN 55104
4 beds, 2 baths, 2,160 sqft
442 Pierce St N is a 4 beds, 2 baths, 2,160 sqft multi-family home for sale at $369,500 in Saint Paul MN 55104. At 20% down it rents for an estimated $3,000/mo and returns $362/mo a month at a 7.8% 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
- $3,000/mo
- Monthly cash flow
- $362/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.9%
- Max offer
- $354,000
Offer ≤ $354,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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