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 $2,800/mo and returns $208/mo a month at a 7.2% 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
$2,800/mo
Monthly cash flow
$208/mo
Cap rate
7.2%
Cash-on-cash
3.4%
Max offer
$335,500

Offer ≤ $335,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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