For saleSingle family
$620,000
1843 Colvin Ave
Saint Paul MN 55116
3 beds, 3 baths, 2,733 sqft
1843 Colvin Ave is a 3 beds, 3 baths, 2,733 sqft single family home for sale at $620,000 in Saint Paul MN 55116. At 20% down it rents for an estimated $2,350/mo and returns -$2,076/mo a month at a 2.6% 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
- $2,350/mo
- Monthly cash flow
- -$2,076/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.1%
- Max offer
- $279,500
Offer ≤ $279,500 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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