For saleCondo

$108,000

221 Grand Ave W Apt 308

South Saint Paul MN 55075

2 beds, 1 bath, 910 sqft

221 Grand Ave W Apt 308 is a 2 beds, 1 bath, 910 sqft condo home for sale at $108,000 in South Saint Paul MN 55075. At 20% down it rents for an estimated $1,350/mo and returns $242/mo a month at a 9.2% 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
$1,350/mo
Monthly cash flow
$242/mo
Cap rate
9.2%
Cash-on-cash
13.4%
Max offer
$108,000

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

Loading listing…

Fetching the market snapshot.