For saleMulti-family

$445,000

891 Iglehart Ave

Saint Paul MN 55104

7 beds, 4 baths, 4,485 sqft

891 Iglehart Ave is a 7 beds, 4 baths, 4,485 sqft multi-family home for sale at $445,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $4,300/mo and returns $1,179/mo a month at a 9.7% 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
$4,300/mo
Monthly cash flow
$1,179/mo
Cap rate
9.7%
Cash-on-cash
15.9%
Max offer
$445,000

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

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