For saleMulti-family

$319,900

738 Watson Ave

North Saint Paul MN 55102

4 beds, 2 baths, 1,925 sqft

738 Watson Ave is a 4 beds, 2 baths, 1,925 sqft multi-family home for sale at $319,900 in North Saint Paul MN 55102. At 20% down it rents for an estimated $3,400/mo and returns $1,206/mo a month at a 10.9% 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
$3,400/mo
Monthly cash flow
$1,206/mo
Cap rate
10.9%
Cash-on-cash
22.6%
Max offer
$319,900

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

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