For saleMulti-family

$340,000

1667 Ames Ave

Saint Paul MN 55106

6 beds, 5 baths, 3,877 sqft

1667 Ames Ave is a 6 beds, 5 baths, 3,877 sqft multi-family home for sale at $340,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $4,650/mo and returns $2,265/mo a month at a 14.5% 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
$4,650/mo
Monthly cash flow
$2,265/mo
Cap rate
14.5%
Cash-on-cash
40.0%
Max offer
$340,000

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

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