For saleSingle family
$224,900
553 Manomin Ave
Saint Paul MN 55107
4 beds, 1 bath, 1,218 sqft
553 Manomin Ave is a 4 beds, 1 bath, 1,218 sqft single family home for sale at $224,900 in Saint Paul MN 55107. At 20% down it rents for an estimated $2,300/mo and returns $694/mo a month at a 10.4% 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
- $2,300/mo
- Monthly cash flow
- $694/mo
- Cap rate
- 10.4%
- Cash-on-cash
- 18.5%
- Max offer
- $224,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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