For saleSingle family

$229,000

904 Jessamine Ave E

Saint Paul MN 55106

4 beds, 2 baths, 1,667 sqft

904 Jessamine Ave E is a 4 beds, 2 baths, 1,667 sqft single family home for sale at $229,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,175/mo and returns $569/mo a month at a 9.5% 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
$2,175/mo
Monthly cash flow
$569/mo
Cap rate
9.5%
Cash-on-cash
14.9%
Max offer
$229,000

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

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