For saleSingle family
$340,000
1611 Edmund Ave
Saint Paul MN 55104
4 beds, 2.5 baths, 1,916 sqft
1611 Edmund Ave is a 4 beds, 2.5 baths, 1,916 sqft single family home for sale at $340,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,600/mo and returns $173/mo a month at a 7.3% 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
- $2,600/mo
- Monthly cash flow
- $173/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.0%
- Max offer
- $307,000
Offer ≤ $307,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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