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 $2,600/mo and returns $458/mo a month at a 8.5% 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
$2,600/mo
Monthly cash flow
$458/mo
Cap rate
8.5%
Cash-on-cash
9.2%
Max offer
$299,999

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

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