For saleCondo
$85,900
488 Wabasha St N Unit 201
Saint Paul MN 55102
1 bath, 540 sqft
488 Wabasha St N Unit 201 is a 1 bath, 540 sqft condo home for sale at $85,900 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,300/mo and returns $337/mo a month at a 11.4% 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
- $1,300/mo
- Monthly cash flow
- $337/mo
- Cap rate
- 11.4%
- Cash-on-cash
- 23.5%
- Max offer
- $85,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading