For saleSingle family
$349,000
1263 Minnehaha Ave W
Saint Paul MN 55104
5 beds, 2.5 baths, 1,850 sqft
1263 Minnehaha Ave W is a 5 beds, 2.5 baths, 1,850 sqft single family home for sale at $349,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,800/mo and returns $309/mo a month at a 7.7% 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
- $309/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.3%
- Max offer
- $330,500
Offer ≤ $330,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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