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 $2,025/mo and returns $390/mo a month at a 8.7% 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
- $2,025/mo
- Monthly cash flow
- $390/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 10.2%
- Max offer
- $229,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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