For saleMulti-family

$425,000

485 Belvidere St E

Saint Paul MN 55107

6 beds, 4 baths, 3,600 sqft

485 Belvidere St E is a 6 beds, 4 baths, 3,600 sqft multi-family home for sale at $425,000 in Saint Paul MN 55107. At 20% down it rents for an estimated $4,400/mo and returns $1,419/mo a month at a 10.5% 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
$4,400/mo
Monthly cash flow
$1,419/mo
Cap rate
10.5%
Cash-on-cash
20.0%
Max offer
$425,000

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

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