For saleMulti-family
$300,000
937 Thomas Ave
Saint Paul MN 55104
5 beds, 2 baths, 1,800 sqft
937 Thomas Ave is a 5 beds, 2 baths, 1,800 sqft multi-family home for sale at $300,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,650/mo and returns $546/mo a month at a 8.7% 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
- $2,650/mo
- Monthly cash flow
- $546/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 10.9%
- Max offer
- $300,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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