For saleTownhouse

$224,900

2440 Crestwood Dr

North Saint Paul MN 55109

3 beds, 2 baths, 1,482 sqft

2440 Crestwood Dr is a 3 beds, 2 baths, 1,482 sqft townhouse home for sale at $224,900 in North Saint Paul MN 55109. At 20% down it rents for an estimated $2,250/mo and returns $250/mo a month at a 8.0% 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
$250/mo
Cap rate
8.0%
Cash-on-cash
6.7%
Max offer
$218,500

Offer ≤ $218,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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