For saleCondo

$119,900

1181 Edgcumbe Rd Apt 1005

Saint Paul MN 55105

1 bed, 1 bath, 960 sqft

1181 Edgcumbe Rd Apt 1005 is a 1 bed, 1 bath, 960 sqft condo home for sale at $119,900 in Saint Paul MN 55105. At 20% down it rents for an estimated $1,300/mo and returns -$131/mo a month at a 5.4% 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
-$131/mo
Cap rate
5.4%
Cash-on-cash
-6.6%
Max offer
$83,500

Offer ≤ $83,500 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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