For saleMulti-family

$295,000

308 Stevens St W

Saint Paul MN 55107

4 beds, 2 baths, 3,648 sqft

308 Stevens St W is a 4 beds, 2 baths, 3,648 sqft multi-family home for sale at $295,000 in Saint Paul MN 55107. At 20% down it rents for an estimated $3,000/mo and returns $894/mo a month at a 10.3% 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
$3,000/mo
Monthly cash flow
$894/mo
Cap rate
10.3%
Cash-on-cash
18.2%
Max offer
$295,000

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

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