For saleMulti-family

$320,000

362 Maria Ave

Saint Paul MN 55106

4 beds, 2 baths, 1,904 sqft

362 Maria Ave is a 4 beds, 2 baths, 1,904 sqft multi-family home for sale at $320,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $3,100/mo and returns $856/mo a month at a 9.7% 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
$3,100/mo
Monthly cash flow
$856/mo
Cap rate
9.7%
Cash-on-cash
16.0%
Max offer
$320,000

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

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