For saleCondo
$79,500
488 Wabasha St N Unit 305
Saint Paul MN 55102
1 bath, 346 sqft
488 Wabasha St N Unit 305 is a 1 bath, 346 sqft condo home for sale at $79,500 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,300/mo and returns $486/mo a month at a 14.0% 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
- $486/mo
- Cap rate
- 14.0%
- Cash-on-cash
- 36.7%
- Max offer
- $79,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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