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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