For saleMulti-family

$235,000

1105 Rose Ave E

Saint Paul MN 55106

6 beds, 2 baths, 1,465 sqft

1105 Rose Ave E is a 6 beds, 2 baths, 1,465 sqft multi-family home for sale at $235,000 in Saint Paul MN 55106. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

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Strong fitMulti-family75d on market

$235,000

1105 Rose Ave E

Saint Paul MN 55106

6 beds2 baths1,465 sqft
99
Deal score
Est. rent
$4,300/mo
Cash flow
$2,851/mo
Cap rate
20.4%
Cash-on-cash
58.2%
Max offer
$235,000
Rental verdict

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

Pro forma

Cash flow
$2,851/mo
Cap rate
20.4%
Cash-on-cash
58.2%
DSCR
3.51
Down payment25.0% · $58,750
Interest rate6.69%
Monthly rent$4,300/mo

The seller reports collecting $3,300/mo today. That is $1,000/mo below the $4,300/mo market rent this page and the board are priced on (23%), so raising rents to market is the upside here. Model whichever you are underwriting.

Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $989/mo for management, vacancy, maintenance and CapEx) would put cash flow at $1,862/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$1,136
  • Property tax$235
  • Insurance$78
  • Total payment$1,449/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.

Cash you'd need to close (est.)

  • Down payment (25.0%)$58,750
  • Closing costs (~3%: title, lender, prepaid escrow)$7,050
  • Reserves (2 months of payments)$2,899
  • Total cash to close$68,699

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

1105 Rose Ave E in context — the streets, water and amenities around it.

Street View ↗

Property details

1105 Rose Ave E · Saint Paul MN 55106

Beds
6
Baths
2
Square feet
1,465
Price / sqft
$160
Home type
Duplex
Days on market
75 days
HOA
Not reported
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.