For saleMulti-family
$349,000
141 9th Ave N
South Saint Paul MN 55075
4 beds, 2 baths, 1,560 sqft
141 9th Ave N is a 4 beds, 2 baths, 1,560 sqft multi-family home for sale at $349,000 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,600/mo and returns $152/mo a month at a 7.0% 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
- $152/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 2.6%
- Max offer
- $311,500
Offer ≤ $311,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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