For saleCondo
$150,000
311 Pleasant Ave Apt 409
Saint Paul MN 55102
2 beds, 1 bath, 1,011 sqft
311 Pleasant Ave Apt 409 is a 2 beds, 1 bath, 1,011 sqft condo home for sale at $150,000 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,900/mo and returns $129/mo a month at a 7.7% 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
- $1,900/mo
- Monthly cash flow
- $129/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.2%
- Max offer
- $141,000
Offer ≤ $141,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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