For saleMulti-family

$389,900

813 Blair Ave

Saint Paul MN 55104

5 beds, 3 baths, 3,770 sqft

813 Blair Ave is a 5 beds, 3 baths, 3,770 sqft multi-family home for sale at $389,900 in Saint Paul MN 55104. At 20% down it rents for an estimated $3,700/mo and returns $917/mo a month at a 9.5% 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
$3,700/mo
Monthly cash flow
$917/mo
Cap rate
9.5%
Cash-on-cash
14.1%
Max offer
$389,900

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

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