For saleMulti-family
$340,000
1382 Minnehaha Ave E
Saint Paul MN 55106
5 beds, 3 baths, 2,556 sqft
1382 Minnehaha Ave E is a 5 beds, 3 baths, 2,556 sqft multi-family home for sale at $340,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $3,600/mo and returns $1,173/mo a month at a 10.8% 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
- $3,600/mo
- Monthly cash flow
- $1,173/mo
- Cap rate
- 10.8%
- Cash-on-cash
- 20.7%
- Max offer
- $340,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading