For saleSingle family
$299,999
513 9th Ave S
South Saint Paul MN 55075
4 beds, 2 baths, 2,754 sqft
513 9th Ave S is a 4 beds, 2 baths, 2,754 sqft single family home for sale at $299,999 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,475/mo and returns $371/mo a month at a 8.0% 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
- $2,475/mo
- Monthly cash flow
- $371/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 7.4%
- Max offer
- $296,500
Offer ≤ $296,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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