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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