For saleSingle family
$309,900
2119 Eldridge Ave E
North Saint Paul MN 55109
3 beds, 1 bath, 1,502 sqft
2119 Eldridge Ave E is a 3 beds, 1 bath, 1,502 sqft single family home for sale at $309,900 in North Saint Paul MN 55109. At 20% down it rents for an estimated $2,500/mo and returns $326/mo a month at a 7.8% 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
- $2,500/mo
- Monthly cash flow
- $326/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 6.3%
- Max offer
- $299,500
Offer ≤ $299,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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