For saleMulti-family

$399,900

1512 Albemarle St

Saint Paul MN 55117

6 beds, 4 baths, 2,634 sqft

1512 Albemarle St is a 6 beds, 4 baths, 2,634 sqft multi-family home for sale at $399,900 in Saint Paul MN 55117. At 20% down it rents for an estimated $4,200/mo and returns $1,395/mo a month at a 10.7% 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
$4,200/mo
Monthly cash flow
$1,395/mo
Cap rate
10.7%
Cash-on-cash
20.9%
Max offer
$399,900

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

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