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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