For saleSingle family

$179,900

844 Armstrong Ave

Saint Paul MN 55102

3 beds, 1 bath, 360 sqft

844 Armstrong Ave is a 3 beds, 1 bath, 360 sqft single family home for sale at $179,900 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,900/mo and returns $638/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
$1,900/mo
Monthly cash flow
$638/mo
Cap rate
10.8%
Cash-on-cash
21.3%
Max offer
$179,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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