For saleMulti-family

$379,900

507 10th Ave S

South Saint Paul MN 55075

4 beds, 3 baths, 2,184 sqft

507 10th Ave S is a 4 beds, 3 baths, 2,184 sqft multi-family home for sale at $379,900 in South Saint Paul MN 55075. At 20% down it rents for an estimated $3,400/mo and returns $736/mo a month at a 8.8% 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
$3,400/mo
Monthly cash flow
$736/mo
Cap rate
8.8%
Cash-on-cash
11.6%
Max offer
$379,900

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

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