For saleCondo

$185,000

1450 Bidwell St Apt 111

West Saint Paul MN 55118

2 beds, 2 baths, 1,158 sqft

1450 Bidwell St Apt 111 is a 2 beds, 2 baths, 1,158 sqft condo home for sale at $185,000 in West Saint Paul MN 55118. At 20% down it rents for an estimated $1,725/mo and returns $93/mo a month at a 7.1% 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
$1,725/mo
Monthly cash flow
$93/mo
Cap rate
7.1%
Cash-on-cash
3.0%
Max offer
$165,500

Offer ≤ $165,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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