For saleSingle family

$680,000

1995 Norfolk Ave

Saint Paul MN 55116

4 beds, 2 baths, 3,400 sqft

1995 Norfolk Ave is a 4 beds, 2 baths, 3,400 sqft single family home for sale at $680,000 in Saint Paul MN 55116. At 20% down it rents for an estimated $2,800/mo and returns -$2,054/mo a month at a 3.0% 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
$2,800/mo
Monthly cash flow
-$2,054/mo
Cap rate
3.0%
Cash-on-cash
-18.1%
Max offer
$332,500

Offer ≤ $332,500 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading