For saleSingle family

$529,000

823 Cottage Ave W

Saint Paul MN 55117

4 beds, 2 baths, 2,854 sqft

823 Cottage Ave W is a 4 beds, 2 baths, 2,854 sqft single family home for sale at $529,000 in Saint Paul MN 55117. At 20% down it rents for an estimated $2,475/mo and returns -$1,301/mo a month at a 3.7% 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
$2,475/mo
Monthly cash flow
-$1,301/mo
Cap rate
3.7%
Cash-on-cash
-14.8%
Max offer
$293,500

Offer ≤ $293,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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