For saleSingle family

$299,999

864 Delaware Ave

Saint Paul MN 55107

3 beds, 2 baths, 2,070 sqft

864 Delaware Ave is a 3 beds, 2 baths, 2,070 sqft single family home for sale at $299,999 in Saint Paul MN 55107. At 20% down it rents for an estimated $2,000/mo and returns -$142/mo a month at a 6.1% 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
-$142/mo
Cap rate
6.1%
Cash-on-cash
-2.8%
Max offer
$236,000

Offer ≤ $236,000 (21% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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