For saleSingle family
$219,900
415 Bay St
Saint Paul MN 55102
2 beds, 1 bath, 850 sqft
415 Bay St is a 2 beds, 1 bath, 850 sqft single family home for sale at $219,900 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,550/mo and returns -$20/mo a month at a 6.6% 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
- $1,550/mo
- Monthly cash flow
- -$20/mo
- Cap rate
- 6.6%
- Cash-on-cash
- -0.5%
- Max offer
- $183,000
Offer ≤ $183,000 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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