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 $2,600/mo and returns $316/mo a month at a 7.9% 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
- $2,600/mo
- Monthly cash flow
- $316/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 5.9%
- Max offer
- $306,500
Offer ≤ $306,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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