For saleSingle family

$250,000

621 White Bear Ave N

Saint Paul MN 55106

3 beds, 2 baths, 1,040 sqft

621 White Bear Ave N is a 3 beds, 2 baths, 1,040 sqft single family home for sale at $250,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,100/mo and returns $315/mo a month at a 8.2% 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
$2,100/mo
Monthly cash flow
$315/mo
Cap rate
8.2%
Cash-on-cash
7.6%
Max offer
$247,500

Offer ≤ $247,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading