For saleMulti-family

$239,900

353 Lawson Ave E

Saint Paul MN 55130

4 beds, 2 baths, 1,609 sqft

353 Lawson Ave E is a 4 beds, 2 baths, 1,609 sqft multi-family home for sale at $239,900 in Saint Paul MN 55130. At 20% down it rents for an estimated $2,250/mo and returns $537/mo a month at a 9.4% 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
$2,250/mo
Monthly cash flow
$537/mo
Cap rate
9.4%
Cash-on-cash
13.4%
Max offer
$239,900

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

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