For saleMulti-family
$399,999
1515 Blair Ave
Saint Paul MN 55104
6 beds, 2 baths, 2,272 sqft
1515 Blair Ave is a 6 beds, 2 baths, 2,272 sqft multi-family home for sale at $399,999 in Saint Paul MN 55104. At 20% down it rents for an estimated $3,550/mo and returns $695/mo a month at a 8.8% 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
- $3,550/mo
- Monthly cash flow
- $695/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.4%
- Max offer
- $399,999
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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