For saleMulti-family
$269,900
1097 Suburban Ave
Saint Paul MN 55106
6 beds, 2 baths, 2,200 sqft
1097 Suburban Ave is a 6 beds, 2 baths, 2,200 sqft multi-family home for sale at $269,900 in Saint Paul MN 55106. At 20% down it rents for an estimated $3,050/mo and returns $1,123/mo a month at a 11.7% 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
- $3,050/mo
- Monthly cash flow
- $1,123/mo
- Cap rate
- 11.7%
- Cash-on-cash
- 25.0%
- Max offer
- $269,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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