For saleMulti-family

$420,000

738 Magnolia Ave E

Saint Paul MN 55106

6 beds, 3 baths, 3,301 sqft

738 Magnolia Ave E is a 6 beds, 3 baths, 3,301 sqft multi-family home for sale at $420,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $4,200/mo and returns $1,254/mo a month at a 10.1% 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
$4,200/mo
Monthly cash flow
$1,254/mo
Cap rate
10.1%
Cash-on-cash
17.9%
Max offer
$420,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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