For saleMulti-family
$325,000
263 Lafond Ave
Saint Paul MN 55103
6 beds, 3 baths, 1,863 sqft
263 Lafond Ave is a 6 beds, 3 baths, 1,863 sqft multi-family home for sale at $325,000 in Saint Paul MN 55103. At 20% down it rents for an estimated $4,800/mo and returns $2,521/mo a month at a 15.8% 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
- $4,800/mo
- Monthly cash flow
- $2,521/mo
- Cap rate
- 15.8%
- Cash-on-cash
- 46.5%
- Max offer
- $325,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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