For saleSingle family
$287,000
2621 McKnight Rd N
North Saint Paul MN 55109
2 beds, 2 baths, 1,601 sqft
2621 McKnight Rd N is a 2 beds, 2 baths, 1,601 sqft single family home for sale at $287,000 in North Saint Paul MN 55109. At 20% down it rents for an estimated $2,000/mo and returns -$49/mo a month at a 6.5% 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
- $2,000/mo
- Monthly cash flow
- -$49/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -1.0%
- Max offer
- $236,000
Offer ≤ $236,000 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading