For saleMulti-family

$499,000

1759 Van Buren Ave

Saint Paul MN 55104

6 beds, 2 baths, 2,550 sqft

1759 Van Buren Ave is a 6 beds, 2 baths, 2,550 sqft multi-family home for sale at $499,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $4,300/mo and returns $800/mo a month at a 8.4% 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
$800/mo
Cap rate
8.4%
Cash-on-cash
9.6%
Max offer
$499,000

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

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