For saleMulti-family
$369,999
837 Jessamine Ave E
Saint Paul MN 55106
10 beds, 4 baths, 2,896 sqft
837 Jessamine Ave E is a 10 beds, 4 baths, 2,896 sqft multi-family home for sale at $369,999 in Saint Paul MN 55106. At 20% down it rents for an estimated $3,600/mo and returns $959/mo a month at a 9.8% 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
- $3,600/mo
- Monthly cash flow
- $959/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 15.5%
- Max offer
- $369,999
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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