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 $1,350/mo and returns $546/mo a month at a 14.8% 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
$1,350/mo
Monthly cash flow
$546/mo
Cap rate
14.8%
Cash-on-cash
41.2%
Max offer
$79,500

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

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